9 Technology, Capitalism and the Way we Work

9 Technology, Capitalism and the Way we Work - Capitalism,...

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Capitalism, Technology and the Way We Work
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Capitalism, Technology and the Way We Work 1. Capitalism and technological innovation 2. Efficiency 3. Labour-Saving Technology 4. Deskilling 5. Automation 6. Luddism 7. “The Man Problem” and Scientific Management (Fredrick W. Taylor) 8. Cultural Management 9. From the Industrial to Service Economy 10. The Flex Worker 11. New Forms of Work: 1) Tele-work; 2) Virtual Work 12. Cultural Management of Flex Workers 13. Crisis Hypothesis 14. Speeding up Work, Less Pay 15. http:// www.nytimes.com/interactive/business/2011-economy-sentiment.html? 16. http://www.cbc.ca/video/#/News/1221258968/ID=2149202610 17. http://www.vanityfair.com/society/features/2011/05/top-one-percent-201105
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Capitalism and Technological Innovation Capitalism is about profit maximization. What do corporations do with the profit accumulated? Keep it? Pay higher wages to workers? Lower commodity prices for consumers? Or, acquire more capital (technological innovation) To stay competitive, all firms must constantly upgrade, modify or enhance the technological forces of production. Technology that is useful to large-scale organizations that have money to spend (corporations) are privileged for development. What kind of technology do corporations demand? What is supplied?
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Efficiency and Labour-Saving Technology Corporations want technology that makes operations more ‘efficient” Efficiency means producing more commodities, more quickly, with less human input and effort. Labour-saving technology ; firms seek out technology that has been designed to reduce, deskill or replace human labour. Technology can perform repetitive and complicated tasks more quickly than humans, eliminate the potential for human error, and reduce costs (by reducing the number of waged workers required to complete a task). Effects?
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Deskilling Consequences of labour-saving technology. The skills of workers are transferred to machines. Labour-saving technology removes the subjective human skill needed to produce certain things, by making workers’ routines dependent on machines and routinized machine-like functions. Deskilled workers are disempowered by tech: 1) take a lower wage than skilled workers; 2) are more easily controlled than skilled workers.
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Automation Consequences of labour-saving technology. Automation is the process of having a machine or machines accomplish tasks hitherto performed wholly or partly by humans. By replacing humans with machines, management can exert total control over the production process, reducing uncertainty. Automation helps firms reduce the cost of production by eliminating the need to pay wages for labour related to the task.
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Automation: Consumption Work Download previously paid work to consumer (and sometimes charge them for it). The automated teller
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9 Technology, Capitalism and the Way we Work - Capitalism,...

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