this post was submitted on 02 Mar 2025
1 points (100.0% liked)
China
2175 readers
1 users here now
Discuss anything related to China.
Community Rules:
0: Taiwan, Xizang (Tibet), Xinjiang, and Hong Kong are all part of China.
1: Don't go off topic.
2: Be Comradely.
3: Don't spread misinformation or bigotry.
讨论中国的地方。
社区规则：
零、台湾、西藏、新疆、和香港都是中国的一部分。
一、不要跑题。
二、友善对待同志。
三、不要传播谣言或偏执思想。
founded 4 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The capitalists can't automate away labor. That's the whole fundamental limitation of the capitalist mode of production. The higher your "organic composition of capital", the lower your profit rates (for the industry as a whole). The organic composition of capital is the ratio of constant capital (buildings, machinery, robots, energy) to variable capital (human wages).
The more the capitalists try to escape having to pay wages through automation (or escape competition through monopoly), the more they dig the graves of their whole class.
In a practical sense as well, China leads the world in robotics because you need a vast government system to produce highly skilled engineers, reliable/cheap utilities and an industrial policy to generate demand for automation.