"Race against the machine": capitalism, automation, and technology
Channel: The Communist
Date: 2016-11-01

We find ourselves today surrounded by a plethora of new technology, automated processes, and time-saving devices. And yet, at the same time, productivity growth is slowing, the economy is stagnating, and inequality is rising. It is clear that the system has broken.

In this recording from the recent REVOLUTION! Marxist festival, Adam Booth - editor of www.socialist.net - discusses the question of technology, machinery, and innovation under capitalism, looking at how private property and production for profit have become an enormous barrier to society's development.