[Marxism] "Measuring the Benefits of Tech Tools"

Andrew Pollack acpollack2 at gmail.com
Wed May 1 09:18:32 MDT 2013


http://www.nytimes.com/2013/05/01/business/statistics-miss-the-benefits-of-technology.html?ref=business

A rerun of the "productivity paradox" debate. However, the columnist,
Eduardo Porter (who is often very insightful) doesn't address it from the
perspective of business productivity, but rather consumer benefit (i.e. how
much time it saves workers in their at-home leisure activities).

The more salient issue for us IMO is:

* How does IT's contribution to supply-chain speed, both within and across
businesses, to just-in-time production, etc., affect capital turnover and
thus profits? How does that compare to the introduction of railroads, i.e.
to increased moving of actual goods (as opposed to more efficient planning
of those moves through IT)? See Standage, "Victorian Internet," on the
telegraph etc.

Andy P.



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