By Franco “Bifo” Berardi
“Bifo is a grasp of world activism within the age of melancholy. His venture is knowing actual present capitalism. feel the melancholy of the riot, take pleasure in this fabulous ‘labor of the negative!’” —Geert Lovink, Dutch/Australian web critic
“In this extraordinary e-book the idea that of destiny, which supported the trendy heritage of tradition, politics, and economic system, is revised, reverted, cancelled and eventually revived in a unconditionally unforeseen manner. From Futurism to post-futurism, Bifo takes us on a trip via and past the century that relied on within the future.” —Christian Marazzi, writer of The Violence of monetary Capitalism
The century-long obsession with the concept that of the longer term has, finally, come to an finish. starting with F. T. Marinetti's “Futurist Manifesto” and the global race towards a brand new and hugely mechanized society that outlined the “Century of Progress,” Italian media activist Franco “Bifo” Berardi lines the genesis of future-oriented inspiration in the course of the punk flow of the early ’70s and into the media revolution of the ’90s. Cyberculture, the final actually utopian imaginative and prescient of the longer term, has led to a conflict, and left at the back of an ever-growing method of digital lifestyles and genuine loss of life, of digital wisdom and genuine war.
The destiny, Bifo argues, has failed us. Our accountability now's to choose what comes next.
Franco “Bifo” Berardi is an Italian critic and media activist. one of many founders of the infamous Radio Alice, a pirate radio station that grew to become the voice of the self reliant early life circulate of Bologna within the past due Nineteen Seventies, Bifo is the writer of a number of works of thought, together with The Soul at Work, Precarious Rhapsody, and “The Post-Futurist Manifesto.”
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22/sd. and in the second Is. 4 4 / 5 d. Assume the wage='/2 of the value added; then in the first case the yard contains 7Vsd. and in the second 22/sd. [of the wage]. The surplus value is equal to this. The ratio between the wage and the surplus value has remained the same. If the individual commodity is considered, the profit (and the wage) contained in it is 3 times smaller than in the other case. But if the total amount is considered,the total of wages and profits has remained the same, because 10x775=30x2 2 / 5 .
The amount of profit on the individual [product] has fallen (compared with I a)) from 9 / 9 to */g; more than a half. But the number of yards has tripled. The amount of profit on a single yard has therefore not fallen in the same proportion as the number of yards has increased. Hence an increase in the amount of profit on the product taken as a whole. In Case IV, finally, the price falls as under II to a 3rd of I a), from 3s. to Is. But there is a rise in the rate of profit and the amount of profit on the whole product.
For example, compare I b) with I a). If the expendable capital remained the same in I b) as it was in I a), namely 200, the amount of profit could not remain the same. SU of this 200 would now have to be laid out in constant capital, and V4 in variable capital. Therefore 150 in constant capital and 50 in variable capital. ] 50s. 250s. 150 12/Ss. ] T h e capital laid out would be the same. T h e number of yards would have grown from 100 to 150, hence by 50%; the amount of profit, on the other hand, would have fallen from 100 to 50, hence by 50.