this post was submitted on 07 Jun 2024
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chapotraphouse

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[–] Tabitha@hexbear.net 18 points 1 year ago (15 children)

so like what happens when the labor theory of value gets "debunked", does everything else we believe in fall apart like dominoes or does it like not actually matter if Marx was wrong about one obscure random thing no one ever talks about?

[–] edge@hexbear.net 59 points 1 year ago (3 children)

I imagine if the LTV got debunked we'd all have a good time never needing to work, since valuable goods apparently just appear out of nowhere.

[–] duderium@hexbear.net 27 points 1 year ago (1 children)

Yeah well what if you made something and no one wanted to buy it? Checkmate, tankie.

[–] Egon@hexbear.net 20 points 1 year ago* (last edited 1 year ago) (1 children)

Labour is what gives something value, but not all labour is of value (see: Keir Starmer)

[–] NPa@hexbear.net 9 points 1 year ago

Keir Starmer couldn't even make a proper mud-pie if he was living in a bog

[–] SkingradGuard@hexbear.net 24 points 1 year ago

That's essentially what liberals say

[–] KobaCumTribute@hexbear.net 21 points 1 year ago (1 children)

since valuable goods apparently just appear out of nowhere.

This is literally a foundational theory of mainstream liberal economic models, down in the bedrock where even econ grad students don't get taught about it lmao.

[–] RyanGosling@hexbear.net 15 points 1 year ago

It’s odd that Marx was inspired by liberal economists, yet the ones we see today are the caricatures of capitalists we see in old timey propaganda

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