The term value is not nebulous at all
Try to strawman some more though
things exchange at certain rates for other things
>has no aplication and therefore cant be tested >not nebulous
<:GWcfcThonk:357907199928041473>
Really?
Labor time tracks with prices
Stfu commies
more so than any other measure
be it energy, steel, oil
labor correlates the best with prices
Yes but not in many low labor industries
🚁
such as?
You and if it doesnt always work then its bullshit. It means that this "value" is a correlation and not a causation
So you're saying that there's a commodity which has very high price but low labor value?
Yes
Social sciences run off of correlations much weaker than that between labor times and prices.
Also how does labor value account for the value of the labor its self
The correlation between labor and price is very strong.
🤔
easy
the amount of labor necessary to reduce the ability of the worker to work
the means of subsistence, basically
food, water, shelter
if you pay your worker so little that he get weaker day by day till he starves away, you won't have a working class to exploit anymore
Ah i see
You are a communist lmao
no shit man. This is leftypol
Nah this is discord
as for low labor industries with high prices, like robotics, remember that machines are also made by labor. The labor used in machines also counts towards the labor in the final product sold
What about if value of labor is actually determined by the supply of those workers and the demand for those workers
as well as the labor used in intermediate commodities that are then assembled by the machines
How is this any different than just saying price?
What about when there is no labor
You are equivocating price and value
when is there ever no labor?
Because price is the practical form of value
Even the air your breathing right now takes a little bit of labor
