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shove | 10 months ago

Author attempts to use this paper to dunk on Marx’ labor theory of value, but Marx discusses this extensively in Capital: price and value are often interchangeable, but not always.

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atoav|10 months ago

Isn't the selling strategy of "you can get these 5 things who all have a fantasy price of 1000 each for 2500 as a bundle (value 5000!)" a similar detachment?

HDThoreaun|10 months ago

Labor theory of value is one of the dumbest ideas ever thought of, not so hard to dunk on.

kbelder|10 months ago

I can forgive somebody conflating labor and value, but only if they haven't given any serious thought to the matter. If they have, and still believe it, there's willful ignorance or some other problem at play.

Noumenon72|10 months ago

Could you excerpt which part of the paper constitutes said dunk? I searched "Marx" and "labor" unsuccessfully. Also it would be helpful to use your knowledge of Marx to explain how price and value are not interchangeable in this case.