Message from @oistoy
Discord ID: 800108740107567114
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
I'll message him rn
nothing in particular
mostly racism lol
“Dialectical Rascism” wtf does that mean
More like imperialism
what scot
That Twitter retard dearg
@REDACTED50
ah yeah
Dearg is not a real name, right?
It means red in scot Gaelic what a no lifer
Descartes thought monkeys were capable of talking but chose not to because they they feared humans would put them to work
Blacks made a big mistake from the beginning
Twist: you're a homo
Based af monkeys