Message from @ToaWarrior1488
Discord ID: 800100761705906186
It's the main price method that new firms use today
are the prices stable in a depression
/big corporations
yes, in our current depression prices actually became steady and even rose a bit instead of going fully down
just because prices aren't changing much in a certain time span doesn't mean firms don't respond at all to supply and demand
They barley. I never said they didn't respond at all but they don't respond the majority of the time
Marx still had fake and gay theories about price too though
Price isn't decided by SNLT
lol no even during times of rigid prices s&d still apply and the current recession is proof - a shitton of business rationed goods (instead of immediately increasing prices) because the shortage of goods would've been even worse otherwise
All you've established is that during a recession most economists predict that prices will be affected more by demand than they are but that doesn't establish that supply and demand aren't the fundamental factors predicting people's economic activity
s&d has not been debunked - it has been augmented and expanded
if firms don't respond much to supply and demand then you can respond better and make more money
all of yall need the pussy theory of value lmao
why aren't you taking up this business opportunity
things like the labour theory of value are archaic theories that attempt to provide an objective measurement of value just like you raged at marginalism for with their marginal utility, obviously value is subjective not objective
Marx was just working off of Adam Smith and David Ricardos theories which were wrong
even his theory of explotation works off of faulty assumptions that they both made when it comes to value
No they don't. D (Demand) and S (Supply) didn't change anything during the recession so how could it have applied? A shit ton of business didn't fluctuate because of demand because first of all barley anyone was going out so ofc due to the lockdown it was not going to change a bit in the long-run and second of all because once the lock down chilled down prices still stayed rigid due to the mass price stickiness not caused by S&D but CB+MU pricing.
Marginalism still assumes S&D flexibility.
Why is LTV wrong? I'm not a big fan of LTV mainly because of its presupposition about price but I want to hear your critique
Well I obviously think that there is an empirical correlation between labor and price I think that the fundamental factors that are going on within the economy is the people have subjective preference for the product not the value that went into making the product
Well in order to have that value, the value had to be put in there.
Like you can explain the empirical evidence you see when it comes to someone like cockshot for example within a subjective theory of value
I'm not a fan of Cockshott
take it to vc
I don't see the point of a VC debate over chad economic debate
Take it to VrilChat
welp take it to <#793519133177675802>
oh shut up @1brieflife
What is your Twitter @
We can record it and upload it as well
Cuz we need dunk on leftnats
let's just get him in here for now recording it is crange
I'll message him rn
nothing in particular
mostly racism lol
“Dialectical Rascism” wtf does that mean
More like imperialism