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   movies: AESTHETICS
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   theory: CRITICAL OBSERVATIONS
   theory: DIGITAL CAPITALISM
   theory: GLITCH & POSTDIGITAL
   theory: working notes

 

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SEARCH ARCHIVES

archives begin in 1996

  

Use, Value and ROI

story © Michael Betancourt | published August 20, 2015 | permalink | TwitThis Digg Facebook StumbleUpon  |  Print



theory: DIGITAL CAPITALISM

The problematics of value implicit in the productive shift from physical manufacture to the immaterial semiosis characteristic of digital production emerges from the historical expression of value as a storing of human labor in the tangible form of commodities. Any discussion of profit (surplus value) depends on this pair of integral conceptslabor and useboth of which rarely figure in discussions of digital technology and automation except in absentia: the immaterial production characteristic of High Frequency Trading software, digital automation linked to pervasive monitoring (characterizing the value of social networks generally), and the general complex of relationships between production, facture and labor in digital capitalism propose a production of values without the need for human involvement (either via labor or through use) as a solution to the falling rate of profit: the trajectory of automation offers the reduction-elimination of the variable costs presented by wages.




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The "Cat Organ," Sampling, and the Digital

story © Michael Betancourt | published April 12, 2015 | permalink | TwitThis Digg Facebook StumbleUpon  |  Print



theory: DIGITAL CAPITALISM

This article is a revision of my article from Vague Terrain published several years ago.

The technical capabilities of computer technology obscure the nexus of capital, human agency, social reproduction, and physical production; thus, the denial of physicality that is specific to the aura of the digital, and apparent in the evolution from hand-labor to the automation characteristic of digital capitalism, is inherent in how this technology has been deployed. The nineteenth century protestant work ethic is the conceptual starting point for this development, merging the ideology of autonomous achievement with digital technology to create a new ideology of automation.




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NANO Interview

story © Michael Betancourt | published April 5, 2015 | permalink | TwitThis Digg Facebook StumbleUpon  |  Print



theory: DIGITAL CAPITALISM

New American Notes Online is running "An Interview with Michael Betancourt" discussing the theory of digital capitalism.






 
Digital Capitalism talk on YouTube

story © Michael Betancourt | published September 30, 2014 | permalink | TwitThis Digg Facebook StumbleUpon  |  Print



theory: DIGITAL CAPITALISM





 
Value and Use Value (a note)

story © Michael Betancourt | published September 22, 2014 | permalink | TwitThis Digg Facebook StumbleUpon  |  Print



theory: DIGITAL CAPITALISM

A transformation in the nature of currency reflects underlying shifts in the nature of value production: the dominance of semiotic production has produced a shift in the function of currency from its historical foundation in preserving past labor (value) to being a lien against future production (a debt that acts to set labor in motion). This change in the nature of productionthe rise of semiosis that is the primary technique of digital capitalismhas come to dominate value and the organization of labor, with the concomitant effect on the nature of currency. The shift this change entails is a rupture with both classically conceived value and Karl Marxs own set of basic assumptions about the organization of labor. In these historical views value resides with labor already performedpreserved in the commodities thus generated, and whose value is linked to the use value that the commodity has. This construction brings human wants, needs and desires into the framework of valorization both directly (through the functional role of the commodity) and indirectly (through the consumers desire for the commodity, quite apart from its uses).




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