They’re literally doing capitalism. M - C - M’ is described in the first part of Capital. This is money operating as capital. Buy a commodity for M, then sell it for M’ that is greater than M. You have no interest in the use value of the commodity. The only thing that matters is it’s exchange value.

  • WhatDoYouMeanPodcast [comrade/them]
    ·
    3 years ago

    This is giving me echos of that dystopic vision of the future where instead of paying tuition you would tokenize your future and pay a percentage of lifetime earnings to shareholders.