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by halfjew22 2737 days ago
Wouldn’t the labor theory of value HAVE to have taken into account not only the work (physics term) but also the “velocity” of the work?

In other words, the utility of the work.

Running four laps on a quarter mile track gets you nowhere (same as digging a hole) but it’s obvious to see one experiences physical gain from performing such an activity.

1 comments

Increased physical strength is a result. Judging the product of the work instead of the difficulty of the work is a departure from the labor theory of value. The labor theory of value is not very highly regarded for this reason.