Is there a Wage Based Threshold in the Automation of Labour?

I’ve been reading up on the current stage in the automation of labour. The automation of industry seems to be more complex than Marx had originally anticipated. The main drive of automation has been the reduction in the cost of production. However, the question arises: is there a threshold, a point at which the cost…

Overtime Work and High Unemployment: An Explanation

Very soon I’m going to put out a book which attempts to explain Marxist economics in as simple a way as possible. This book I’m going to offer for free as an ebook, only requiring payment to obtain a physical copy. I’d like to share a portion of it now to answer a question that…