Experiential labour cannot be bought directly, only time and potential can
Evidence
His bosses would love to be able to purchase his ideas without having to tolerate him lounging around the office half drunk. In the language of the previous chapter, they would jump at the opportunity to buy Draper’s experiential labour directly. Only they couldn’t, even if he wanted to sell it to them. Instead, they are forced to buy his commodity labour (i.e. his time and potential) in the hope that, during his inebriated daze, his genius will spontaneously deliver the famed Draper magic. — Yanis Varoufakis, Technofeudalism, 127
Categorization
- DEFINE: Defines the key distinction between experiential labour and commodity labour via the Mad Men example.
- XREF: connects to: Human labour contains an uncommodifiable part beyond its market price — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 68; Employers profit precisely because they cannot buy workers’ experience directly. — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 73; Capital profits arise because experiential labour cannot be bought directly. — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 127 (+4 more)
Broader Connections
- Capital profits arise because experiential labour cannot be bought directly.
#expands(0.92) — Yanis Varoufakis, Technofeudalism, 127 - Profit arises from labour’s uncommodifiable experiential dimension
#corroborates(0.85) - Profit arises from labour’s dual commodity-and-experiential nature.
#expands(0.82) — Yanis Varoufakis, Technofeudalism, 74 - Capitalism must keep finding uncommodified experience to profit from
#expands(0.80) — Yanis Varoufakis, Technofeudalism, 129