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chudscantsneed Xi/Simp Comrade Modscantsneed of the rdrama Committee to the Communist Party of China 10mo ago (text post) 362 thread views #203383

Let's learn about capitalism!

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Nixoncrats_for_trump Kill/urself Death to Amerikkka (God is Great 🙏) 911roofer 10mo ago #4966037

Describe the labor theory of value.

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johannesalthusius they/them '); DROP TABLE Users;-- Nixoncrats_for_trump 10mo ago #4966125

Labor is the sole source of value (except maybe natural resources aka economic land)

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Nixoncrats_for_trump Kill/urself Death to Amerikkka (God is Great 🙏) johannesalthusius 10mo ago #4966272

Not quite, It's that you can measure the price of a commodity based on the industry average amount of labor hours that goes into its production.

Fun fact: marxists accept supply and demand too. Read Kapital.

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((((((((((((((((((((((((box)))))))))))))))))))))))) FITS/SITS FRAGILE | HANDLE WITH CARE Nixoncrats_for_trump 10mo ago #4966824 Edited 10mo ago

>someone becomes a meme, turns into an influencer worth millions

>someone invents a silly game like flappy bird, makes millions

You think value correlates with labor hours? :marseyxd: Harry Potter took a few thousand hours to write. The IP's worth 43 billion.

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Nixoncrats_for_trump Kill/urself Death to Amerikkka (God is Great 🙏) ((((((((((((((((((((((((box)))))))))))))))))))))))) 10mo ago #4967154

you think marx didn't know about entertainers or snake oils? Lol.

This argument has been had by much smarter ppl than you in the past, box. Don't bother.

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((((((((((((((((((((((((box)))))))))))))))))))))))) FITS/SITS FRAGILE | HANDLE WITH CARE Nixoncrats_for_trump 10mo ago #4967361 Edited 10mo ago

you didn't even try to address the question lol. I'm not the one pretending to be smart.

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Nixoncrats_for_trump Kill/urself Death to Amerikkka (God is Great 🙏) ((((((((((((((((((((((((box)))))))))))))))))))))))) 10mo ago #4967542

It's pointless to bother. :marseyshrug: You can go read the theory and arguments on just this, or not. Your choice.

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((((((((((((((((((((((((box)))))))))))))))))))))))) FITS/SITS FRAGILE | HANDLE WITH CARE Nixoncrats_for_trump 10mo ago #4967582

GOOD FRICKING SALES PITCH HAHAHA

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Nixoncrats_for_trump Kill/urself Death to Amerikkka (God is Great 🙏) ((((((((((((((((((((((((box)))))))))))))))))))))))) 10mo ago #4967587

And now you get to continue being ignorant! See how easy that is? :marsey#jam:

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johannesalthusius they/them '); DROP TABLE Users;-- Nixoncrats_for_trump 10mo ago #4967209 Edited 10mo ago

Yeah the only things Marx didn't know were marginalism, Keynesian macroeconomics, the Solow–Swan model, and behavioral economics

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IHaveNoMeatAndIMustGrill DONKEY/KONG :!chadblack:

johannesalthusius 10mo ago #4969233

Post-Marxian economic "theory" is heresy, HERESY, I say, for Marx is the final word in all economics! There is not God but Materialism, and Marx is its messenger! :marseybinladen:

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johannesalthusius they/them '); DROP TABLE Users;-- Nixoncrats_for_trump 10mo ago #4966301

Yes, I'm familiar with the Marxist cope that if labor doesn't seem to correspond with value, you toss in a bunch of "on average" or "socially necessary labor time" until the numbers work out. And even then, all that's been proven is that it is consistent with marginal theory of value while being less descriptive, so why not just use marginal theory of value?