a couple

I'd hesitate to say that's a true statement

But I also live in Canada

I've never met a native women who doesn't let you know that

when I lived in Tennessee I saw natives

I live bout an hour and a half from a rez

Gross slavs

My Mother is Thai, It's a Good Up bringing in Discipline & Work Ethic. Perfection

spit it out @Blueroad

there was an explanation for equilibrium price given before Marx? I don’t think so. The theory takes value to be determined by the average quantity of unskilled labor time that it takes to reproduce the commodity at a given time and place. In other words, the price we see on a commodity when supply and demand can no longer explain its price , would be a reflection of the value(average quantity of unskilled labor time to reproduce it at the given time and place)

We can go over the evidence supporting the theories predictions if you’d like. I’d have to send you some papers and books though

@Sentient23 got a response?

Spit it out

lol no

it's time to study some calculus. average labour time will be the inverse of the derivative of supply, to believe in the LTV you already believe in supply and demand lmao

The ltv doesn’t contradict supply and demand

I don’t see how this is a refutation of the theory.

It’s pretty uncontroversial in economics that there exists certain conditions in a market where supply and demand can no longer explain the price of a commodity. This isn’t something that’s proprietary to marxism

what is the derivative of supply?

>It’s pretty evident in economics that there exists certain conditions in a market where supply and demand can no longer explain the price of a commodity.
Where m8?

You're yet to demonstrate anything

marx was based here Ill give you that

Yeah we haven’t made it past the point of me explaining the theory that you don’t understand. There are conditions in which supply and demand reach equilibrium and can no longer explain the price of a given commodity on the market.

And that quote you posted asking about that is somehow not what I said even though I assume you took it directly from the chat

Do i have to ask "where" for the third time for you to give a concise answer?

What

Well I’m quoted as saying it’s pretty evident, and that’s not the claim I made

What I had said was is that it’s uncontroversial

sorry i misquoted you

Regardless

Answer, where

So the question is where is equilibrium price?

No

Where is it unexplainable by supply and demand

If supply and demand are in equilibrium how is it that they can explain price.

How do you predict the price of commodities that have closely equivalent supply and demand

What do you think equilibrium is? Equivelence is defined by unit ratio of 1:1

I don’t see how that is an explanation of price in equilibrium

Why don’t we just go over the predictions the theory makes and the evidence supporting them

Because it’s clear you don’t have any other kind of refutation in mind