this post was submitted on 15 Dec 2024
30 points (100.0% liked)
Ask Lemmygrad
829 readers
9 users here now
A place to ask questions of Lemmygrad's best and brightest
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Thank you so much for simplifying the message for me! I get it now!
Could you please explain to me what the terms mean, so I can understand what people mean next time they use it?
From wikipedia:
Automated machines thus are the constant capital. And human workforce constitutes variable capital.
Essentially, machines are not useful without human intervention. Machines can boost productivity of human labour, but they cannot produce value on their own regardless of their level of technical sophistication.
Sure, what terms you didnt get?