>But this article isn't really about value, is it? It's about pricing.
Perhaps he's responding to _you_ and your comment instead of the article? You wrote:
>the Labor Theory of Value may not be the most profitable but maybe it's the most ethical, both compensating the workers fairly and not ripping off the consumer.>
You had connected "value" to the "pricing" ... but if tallying labor-hours to measure value is flawed (which you agreed with), what clarity is made by using "labor-hours" to justify "ethical pricing"? Isn't it better to ignore LTOV if it makes us less knowledgable on what we charge others and what we are willing to pay?
Perhaps he's responding to _you_ and your comment instead of the article? You wrote:
>the Labor Theory of Value may not be the most profitable but maybe it's the most ethical, both compensating the workers fairly and not ripping off the consumer.>
You had connected "value" to the "pricing" ... but if tallying labor-hours to measure value is flawed (which you agreed with), what clarity is made by using "labor-hours" to justify "ethical pricing"? Isn't it better to ignore LTOV if it makes us less knowledgable on what we charge others and what we are willing to pay?