Labour, control, and value: Marx meets Negri in Bitcoin mining View Full Text


Ontology type: schema:ScholarlyArticle     


Article Info

DATE

2021-11-25

AUTHORS

Martin Tremčinský

ABSTRACT

This article analyses the production of Bitcoin through two contradictory approaches to value: the labour theory of value as formulated by Karl Marx and value as an effect of political control proposed by Antonio Negri. Bitcoin mining is used as an exemplary case of a decentralized network that utilizes abstract labour as a regulatory mechanism. The process of Bitcoin mining is described in detail, and its consequences for the organization of labour are discussed. I argue that Bitcoin mining is a form of socialized work where abstract labour becomes a mechanism of control and thus also a source of Bitcoin’s value. I further demonstrate the controlling aspects of abstract labour on three interdependent dimensions: control of Bitcoin’s integrity, control of access to the network, and control of the class positions within the network. Consequentially, Negri’s and Marx’s views on value serve as complementary approaches to value creation in decentralized networks. More... »

PAGES

17-34

References to SciGraph publications

  • 2015. The Demise of the Marxian Law of Value? A Critique of Michael Hardt and Antonio Negri in RECONSIDERING VALUE AND LABOUR IN THE DIGITAL AGE
  • 2018-03-02. Anthropology and the social factory in DIALECTICAL ANTHROPOLOGY
  • Identifiers

    URI

    http://scigraph.springernature.com/pub.10.1007/s10624-021-09638-1

    DOI

    http://dx.doi.org/10.1007/s10624-021-09638-1

    DIMENSIONS

    https://app.dimensions.ai/details/publication/pub.1143199098


    Indexing Status Check whether this publication has been indexed by Scopus and Web Of Science using the SN Indexing Status Tool
    Incoming Citations Browse incoming citations for this publication using opencitations.net

    JSON-LD is the canonical representation for SciGraph data.

    TIP: You can open this SciGraph record using an external JSON-LD service: JSON-LD Playground Google SDTT

    [
      {
        "@context": "https://springernature.github.io/scigraph/jsonld/sgcontext.json", 
        "about": [
          {
            "id": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/16", 
            "inDefinedTermSet": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/", 
            "name": "Studies in Human Society", 
            "type": "DefinedTerm"
          }, 
          {
            "id": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/1601", 
            "inDefinedTermSet": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/", 
            "name": "Anthropology", 
            "type": "DefinedTerm"
          }
        ], 
        "author": [
          {
            "affiliation": {
              "alternateName": "Institute of Sociological Studies, Faculty of social sciences, Charles University, Prague, Czech Republic", 
              "id": "http://www.grid.ac/institutes/grid.4491.8", 
              "name": [
                "Institute of Sociological Studies, Faculty of social sciences, Charles University, Prague, Czech Republic"
              ], 
              "type": "Organization"
            }, 
            "familyName": "Trem\u010dinsk\u00fd", 
            "givenName": "Martin", 
            "type": "Person"
          }
        ], 
        "citation": [
          {
            "id": "sg:pub.10.1057/9781137478573_11", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1031111059", 
              "https://doi.org/10.1057/9781137478573_11"
            ], 
            "type": "CreativeWork"
          }, 
          {
            "id": "sg:pub.10.1007/s10624-018-9498-5", 
            "sameAs": [
              "https://app.dimensions.ai/details/publication/pub.1101322335", 
              "https://doi.org/10.1007/s10624-018-9498-5"
            ], 
            "type": "CreativeWork"
          }
        ], 
        "datePublished": "2021-11-25", 
        "datePublishedReg": "2021-11-25", 
        "description": "This article analyses the production of Bitcoin through two contradictory approaches to value: the labour theory of value as formulated by Karl Marx and value as an effect of political control proposed by Antonio Negri. Bitcoin mining is used as an exemplary case of a decentralized network that utilizes abstract labour as a regulatory mechanism. The process of Bitcoin mining is described in detail, and its consequences for the organization of labour are discussed. I argue that Bitcoin mining is a form of socialized work where abstract labour becomes a mechanism of control and thus also a source of Bitcoin\u2019s value. I further demonstrate the controlling aspects of abstract labour on three interdependent dimensions: control of Bitcoin\u2019s integrity, control of access to the network, and control of the class positions within the network. Consequentially, Negri\u2019s and Marx\u2019s views on value serve as complementary approaches to value creation in decentralized networks.", 
        "genre": "article", 
        "id": "sg:pub.10.1007/s10624-021-09638-1", 
        "inLanguage": "en", 
        "isAccessibleForFree": false, 
        "isPartOf": [
          {
            "id": "sg:journal.1028963", 
            "issn": [
              "0304-4092", 
              "1573-0786"
            ], 
            "name": "Dialectical Anthropology", 
            "publisher": "Springer Nature", 
            "type": "Periodical"
          }, 
          {
            "issueNumber": "1", 
            "type": "PublicationIssue"
          }, 
          {
            "type": "PublicationVolume", 
            "volumeNumber": "46"
          }
        ], 
        "keywords": [
          "abstract labour", 
          "organization of labor", 
          "political control", 
          "class position", 
          "Antonio Negri", 
          "Marx's view", 
          "labor theory", 
          "Karl Marx", 
          "interdependent dimensions", 
          "contradictory approaches", 
          "Negri", 
          "exemplary case", 
          "labor", 
          "mechanisms of control", 
          "Marx", 
          "control of access", 
          "view", 
          "organization", 
          "article", 
          "creation", 
          "access", 
          "decentralized network", 
          "dimensions", 
          "approach", 
          "consequences", 
          "theory", 
          "aspects", 
          "network", 
          "mining", 
          "complementary approaches", 
          "form", 
          "position", 
          "Bitcoin mining", 
          "work", 
          "values", 
          "process", 
          "integrity", 
          "source", 
          "cases", 
          "production", 
          "Bitcoin value", 
          "control", 
          "Bitcoin", 
          "mechanism", 
          "detail", 
          "effect", 
          "regulatory mechanisms"
        ], 
        "name": "Labour, control, and value: Marx meets Negri in Bitcoin mining", 
        "pagination": "17-34", 
        "productId": [
          {
            "name": "dimensions_id", 
            "type": "PropertyValue", 
            "value": [
              "pub.1143199098"
            ]
          }, 
          {
            "name": "doi", 
            "type": "PropertyValue", 
            "value": [
              "10.1007/s10624-021-09638-1"
            ]
          }
        ], 
        "sameAs": [
          "https://doi.org/10.1007/s10624-021-09638-1", 
          "https://app.dimensions.ai/details/publication/pub.1143199098"
        ], 
        "sdDataset": "articles", 
        "sdDatePublished": "2022-05-20T07:38", 
        "sdLicense": "https://scigraph.springernature.com/explorer/license/", 
        "sdPublisher": {
          "name": "Springer Nature - SN SciGraph project", 
          "type": "Organization"
        }, 
        "sdSource": "s3://com-springernature-scigraph/baseset/20220519/entities/gbq_results/article/article_883.jsonl", 
        "type": "ScholarlyArticle", 
        "url": "https://doi.org/10.1007/s10624-021-09638-1"
      }
    ]
     

    Download the RDF metadata as:  json-ld nt turtle xml License info

    HOW TO GET THIS DATA PROGRAMMATICALLY:

    JSON-LD is a popular format for linked data which is fully compatible with JSON.

    curl -H 'Accept: application/ld+json' 'https://scigraph.springernature.com/pub.10.1007/s10624-021-09638-1'

    N-Triples is a line-based linked data format ideal for batch operations.

    curl -H 'Accept: application/n-triples' 'https://scigraph.springernature.com/pub.10.1007/s10624-021-09638-1'

    Turtle is a human-readable linked data format.

    curl -H 'Accept: text/turtle' 'https://scigraph.springernature.com/pub.10.1007/s10624-021-09638-1'

    RDF/XML is a standard XML format for linked data.

    curl -H 'Accept: application/rdf+xml' 'https://scigraph.springernature.com/pub.10.1007/s10624-021-09638-1'


     

    This table displays all metadata directly associated to this object as RDF triples.

    112 TRIPLES      22 PREDICATES      73 URIs      63 LITERALS      6 BLANK NODES

    Subject Predicate Object
    1 sg:pub.10.1007/s10624-021-09638-1 schema:about anzsrc-for:16
    2 anzsrc-for:1601
    3 schema:author N7c618c4da29c4a3d8aa8cefae56652c2
    4 schema:citation sg:pub.10.1007/s10624-018-9498-5
    5 sg:pub.10.1057/9781137478573_11
    6 schema:datePublished 2021-11-25
    7 schema:datePublishedReg 2021-11-25
    8 schema:description This article analyses the production of Bitcoin through two contradictory approaches to value: the labour theory of value as formulated by Karl Marx and value as an effect of political control proposed by Antonio Negri. Bitcoin mining is used as an exemplary case of a decentralized network that utilizes abstract labour as a regulatory mechanism. The process of Bitcoin mining is described in detail, and its consequences for the organization of labour are discussed. I argue that Bitcoin mining is a form of socialized work where abstract labour becomes a mechanism of control and thus also a source of Bitcoin’s value. I further demonstrate the controlling aspects of abstract labour on three interdependent dimensions: control of Bitcoin’s integrity, control of access to the network, and control of the class positions within the network. Consequentially, Negri’s and Marx’s views on value serve as complementary approaches to value creation in decentralized networks.
    9 schema:genre article
    10 schema:inLanguage en
    11 schema:isAccessibleForFree false
    12 schema:isPartOf N348052a750ca461a80f035eee9a43713
    13 N957a7c6542c84ba19f4bb179842bf47d
    14 sg:journal.1028963
    15 schema:keywords Antonio Negri
    16 Bitcoin
    17 Bitcoin mining
    18 Bitcoin value
    19 Karl Marx
    20 Marx
    21 Marx's view
    22 Negri
    23 abstract labour
    24 access
    25 approach
    26 article
    27 aspects
    28 cases
    29 class position
    30 complementary approaches
    31 consequences
    32 contradictory approaches
    33 control
    34 control of access
    35 creation
    36 decentralized network
    37 detail
    38 dimensions
    39 effect
    40 exemplary case
    41 form
    42 integrity
    43 interdependent dimensions
    44 labor
    45 labor theory
    46 mechanism
    47 mechanisms of control
    48 mining
    49 network
    50 organization
    51 organization of labor
    52 political control
    53 position
    54 process
    55 production
    56 regulatory mechanisms
    57 source
    58 theory
    59 values
    60 view
    61 work
    62 schema:name Labour, control, and value: Marx meets Negri in Bitcoin mining
    63 schema:pagination 17-34
    64 schema:productId N0c498aa7ab584f4f9339139e8eef5724
    65 Nf46ff14a0ecb4711ba9c549090da31a9
    66 schema:sameAs https://app.dimensions.ai/details/publication/pub.1143199098
    67 https://doi.org/10.1007/s10624-021-09638-1
    68 schema:sdDatePublished 2022-05-20T07:38
    69 schema:sdLicense https://scigraph.springernature.com/explorer/license/
    70 schema:sdPublisher Nae6d7ef4277f4e44b2002ce693b17d1c
    71 schema:url https://doi.org/10.1007/s10624-021-09638-1
    72 sgo:license sg:explorer/license/
    73 sgo:sdDataset articles
    74 rdf:type schema:ScholarlyArticle
    75 N0c498aa7ab584f4f9339139e8eef5724 schema:name doi
    76 schema:value 10.1007/s10624-021-09638-1
    77 rdf:type schema:PropertyValue
    78 N3139155412354cb5aa8b06bd7c7ca24a schema:affiliation grid-institutes:grid.4491.8
    79 schema:familyName Tremčinský
    80 schema:givenName Martin
    81 rdf:type schema:Person
    82 N348052a750ca461a80f035eee9a43713 schema:volumeNumber 46
    83 rdf:type schema:PublicationVolume
    84 N7c618c4da29c4a3d8aa8cefae56652c2 rdf:first N3139155412354cb5aa8b06bd7c7ca24a
    85 rdf:rest rdf:nil
    86 N957a7c6542c84ba19f4bb179842bf47d schema:issueNumber 1
    87 rdf:type schema:PublicationIssue
    88 Nae6d7ef4277f4e44b2002ce693b17d1c schema:name Springer Nature - SN SciGraph project
    89 rdf:type schema:Organization
    90 Nf46ff14a0ecb4711ba9c549090da31a9 schema:name dimensions_id
    91 schema:value pub.1143199098
    92 rdf:type schema:PropertyValue
    93 anzsrc-for:16 schema:inDefinedTermSet anzsrc-for:
    94 schema:name Studies in Human Society
    95 rdf:type schema:DefinedTerm
    96 anzsrc-for:1601 schema:inDefinedTermSet anzsrc-for:
    97 schema:name Anthropology
    98 rdf:type schema:DefinedTerm
    99 sg:journal.1028963 schema:issn 0304-4092
    100 1573-0786
    101 schema:name Dialectical Anthropology
    102 schema:publisher Springer Nature
    103 rdf:type schema:Periodical
    104 sg:pub.10.1007/s10624-018-9498-5 schema:sameAs https://app.dimensions.ai/details/publication/pub.1101322335
    105 https://doi.org/10.1007/s10624-018-9498-5
    106 rdf:type schema:CreativeWork
    107 sg:pub.10.1057/9781137478573_11 schema:sameAs https://app.dimensions.ai/details/publication/pub.1031111059
    108 https://doi.org/10.1057/9781137478573_11
    109 rdf:type schema:CreativeWork
    110 grid-institutes:grid.4491.8 schema:alternateName Institute of Sociological Studies, Faculty of social sciences, Charles University, Prague, Czech Republic
    111 schema:name Institute of Sociological Studies, Faculty of social sciences, Charles University, Prague, Czech Republic
    112 rdf:type schema:Organization
     




    Preview window. Press ESC to close (or click here)


    ...