The Guardian: The Truth About Capitalism Is Out
Facts
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But Mah Narrative
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Profit here is intrinsically exploitative – it does not exist without the extra hours worked by the capitalist’s employees. This is the source of the capitalist’s wealth, and when it is reinvested to capture an even greater share of the means of production and employ more workers, it grows off itself. Thus more and more is owned by fewer and fewer people. And money makes money, as if by magic. But when, with Marx, we begin to understand that money is a way of capturing a social relationship between those who own the means of production – whether factories or apps – and those who work in them or for them, we begin to recognise that capitalism is not magic but exploitative to its core. The magical quality of our faith in money and in economic growth is a deliberate mystification of the social exploitation that the capitalist – understandably – wants to cover up. And “we draw the magic cap down over eyes and ears as a make-believe that there are no monsters,” as Marx put it in the preface to Das Kapital. Side: But Mah Narrative
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