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by thiagoharry
655 days ago
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You are completely wrong. This stupid example of digging holes is dismissed even in the first chapter of Das Capital if I'm not mistaken. First because if you do not provide use value (like digging useless holes), you cannot produce exchange value. Second because what really matters is the social necessary labor to dig the holes, assuming that there is a market for this. You will just waste money paying people to dig holes if we live in a world with technology to use backhoe excavator. Economy is not a natural or exact science. There is a mainstream. But this does not mean that there is no valid inquiries and theories outside mainstream. |
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You are the one defending the LTV, not me. If value = labor, but not when that would be silly, it's a bit like saying F = ma, but not when that would be silly. No serious scientist would accept this formulation. You would be laughed out the room.
After millions of deaths, environment devastation, and political repression, Marxism deserves to be laughed out of the room as well. I hope it will be, some day.