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“Internet entrepreneurship cannot exist without constant disruption of markets, bringing uninterrupted disturbance of all social conditions. Internet entrepreneurship has created the modern working class — the on-demand workers, who must sell themselves in bits and pieces. They have become a commodity, exposed to the whims of the market. Their work has lost all individual character, and all charm. It is only the most simple and most easily acquired work that is required of them. The on-demand worker’s production cost is limited almost entirely to his living costs. But the price of a commodity is in the long run equal to its production cost. Therefore, the more the individual character disappears from his work, the wage decreases in proportion. The lower middle class will gradually become on-demand workers, partly because their specialized skills are rendered worthless by new methods of production.”

Published November 14, 2018

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