#labortheoryofvalue search results
Take a look at the clothes that you’re wearing right now. Where were they made? How were they made? Something simple to think about. One part of the (r)evolution must be a cultural shift behind the value systems determining how we consume and produce. #LaborTheoryOfValue
Marx's Labor Theory of Value: The value of a commodity is determined by the socially necessary labor time required for its production. This labor, not supply/demand, is the source of value and profit (surplus value). #Marxism #LaborTheoryOfValue
#AdamSmith got so much right, but what did he get wrong? adamsmithworks.org/documents/stev… #LaborTheoryofValue #DivisionofLabor #LibertyFund #StevenHorwitz
If everybody who was currently happy with their job could keep it forever, that would be a utopia, right? My response: buff.ly/3asZjKD #LaborTheoryOfValue #SubjectiveTheoryOfValue
Unlocking the Secrets of Capitalism: Exploring Marx's Theory of Profit Check out our full discussion on secularism, faith, and socialism on Youtube, Spotify, or any podcast app youtu.be/VJKRxo6cGrw #Marxism #CapitalismExplained #LaborTheoryOfValue #KarlMarx
How might we reconcile #AdamSmith and the #LaborTheoryofValue? @sghorwitz at AdamSmithWorks: ow.ly/Qiw350I09pp
Even #AdamSmith gets some stuff wrong... Read @sghorwitz on the #LaborTheoryofValue at AdamSmithWorks: ow.ly/LrqV50HhyRa
If the #LaborTheoryofValue is correct, profit is a problem rather than a solution. Since profit can only come from #exploitation, and exploitation is to be avoided, most endeavors should be neutral if not ending up in the red. @1sadorejohnson ow.ly/51r850IBnUv
marxists.org/archive/mattic… @angstreich2 @antipcnyuprof @profwolff @profdavidharvey #LaborTheoryOfValue #Socialism
Is the #LaborTheoryofValue correct in that #profit is a problem rather than a #solution? ow.ly/Agbj50JsRre ow.ly/Ptuz50JsRrc #AdamSmith #Economics #LibertyFund #Divisionoflabor #KarlMarx
Did #JohnLocke subscribe to the #LaborTheoryofValue? See what Eric Mack has to say in this #ReadingRoom post at @online_liberty: ow.ly/zovQ50IsyVc
Great commentary from the @UnhashedPodcast guys discussing #HoleGate. Jimmy really loves 'em holes! #LaborTheoryofValue @DustinDry1st
So today's #WealthofTweets is all about the #LaborTheoryofValue... #ReadMore in this essay from Steven Horwitz: adamsmithworks.org/documents/adam…
The Labor Theory of Value lacks value says @1sadorejohnson is his New #SpeakingofSmith #LaborTheoryofValue #ComparativeAdvantage #KarlMarx #DivisionofLabor #Prices ow.ly/vxqw50Ie3Cw
Was #JohnLocke an adherent of the #LaborTheoryofValue? Not so fast, argues @Tulane's Eric Mack in the #ReadingRoom. Weigh in today in the comments: ow.ly/94S750IthQE
Yet another perverse rationalization for theft, based on a kind of Marxian #LaborTheoryOfValue — that your income should be determined by your "avg effort", and *not* if anyone wants to pay you anything for that effort.
Did you miss any of our NEW #SpeakingofSmith posts this week? #LaborTheoryofValue Lacks Value @1sadorejohnson ow.ly/n5E350Ih5BL Adam Smith, Historian @burrow_JohnR ow.ly/bMLj50Ih5BN #AdamSmith on Women's & Mothers' Roles by Chris Loukas ow.ly/Gs2u50Ih5BM
Marx talked commodity fetishism; I talk fetish with a commodity. Sure, a rubber dildo's fun, but what about its mystical value, eh? Socially Necessary Labor Time is where value truly sprouts. No, not that kind of sprout! #GrouchoMarxism #CommodityFetishism #LaborTheoryOfValue
👀 “Poor Adam Smith!” Marx is often seen as following in Smith’s footsteps—but they’re very different. See what Marx got right and wrong about Smith in this excellent essay from Pedro Schwartz: loom.ly/xngbYao #AdamSmith #KarlMarx #LaborTheoryofValue
Huh? The labour theory of value shows up at 11:14. 💪"By setting fire to the house built by the American family over 250 years", said in the context of calling out the Soros and Ford foundations. First it was #rentierism, now this. Where is #MAGA going? #labortheoryofvalue #LTV
"Many socialists have misapplied his #labortheoryofvalue by conflating #money with #commodity exchange, ignoring the modern reality of state-created #fiatcurrency. This theoretical confusion has paralyzed revolutionary potential."#classstruggle #learnMMT realprogressives.org/modern-monetar…
1/ The "subjective theory of value" (STV) isn't some neutral upgrade to Marx’s labor theory—it’s ideological sleight-of-hand to hide exploitation. #LaborTheoryOfValue
The new video about bloated development costs and the gaming industry manipulating players is up! #Gaming youtu.be/Hh4sUtwHkqQ?si…
youtube.com
YouTube
Getting Played: The $70 Content Lie
Marx's Labor Theory of Value: The value of a commodity is determined by the socially necessary labor time required for its production. This labor, not supply/demand, is the source of value and profit (surplus value). #Marxism #LaborTheoryOfValue
Marx talked commodity fetishism; I talk fetish with a commodity. Sure, a rubber dildo's fun, but what about its mystical value, eh? Socially Necessary Labor Time is where value truly sprouts. No, not that kind of sprout! #GrouchoMarxism #CommodityFetishism #LaborTheoryOfValue
Over the past 12 years $Qubic has accumulated significant value through the sheer amount of work, resources, and expertise invested into its development. This aligns with the #LaborTheoryOfValue where consistent effort creates intrinsic worth. With #Aigarth now in development,…
The wage you receive is a paltry reflection of the value you create. Capital grows fat while labor remains alienated and exploited. Will humanity be shackled forever by this system? #LaborTheoryOfValue #Capitalism #Revolution
Billionaires are not self-made—they are made by the labor of the many. Capitalists don’t create wealth; they accumulate it through the work of others. Let’s stop glorifying exploitation. #LaborTheoryOfValue #CapitalismKills
Uncover the truth about Adam Smith's beliefs on the labor theory of value! Delve into his groundbreaking ideas that still shape today's economic theories. 📚 Dive deeper: ow.ly/9yRo50SMARs #Economics #AdamSmith #LaborTheoryOfValue #ModernEconomics #JustSentiments
adamsmithworks.org
Adam Smith and the Labor Theory of Value | Adam Smith Works
April 26, 2023 What is being explained and what is the explanation? Robinson and Subrick argue that Smith saw the pitfalls of a labor theory of value (LTV) but used it as a noble lie to affirm the...
Enough with the labor theory of value already! Read more from Kevin Corcoran at EconLog. ow.ly/94ps50Si6MF #LaborTheoryOfValue #Socialism #EconLog #EconomicTheory @IdeasandReality
econlib.org
Plastic Rings and Woolen Coats - Econlib
Recently, a meme from one of Twitter’s many socialist denizens got a lot of attention. The message it seemed to deliver was that workers are undervalued, because they are paid for far less than they...
"Fact check" the LP Secretary is the most hard working. Her campaign ad said so. #LaborTheoryOfValue
Unlocking the Secrets of Capitalism: Exploring Marx's Theory of Profit Check out our full discussion on secularism, faith, and socialism on Youtube, Spotify, or any podcast app youtu.be/VJKRxo6cGrw #Marxism #CapitalismExplained #LaborTheoryOfValue #KarlMarx
#LaborTheoryofValue Marx makes a distinction between the value of labor, and commodity price. They are related, but the price of a commodity is a *product* of the value of the labor used to produce it. The criticisms here assume that labor value = price. It does not.
Defining Value w/ L. Randall Wray. Join us for the YouTube premiere tonight at 7 pm ET! #Marx #Keynes #LaborTheoryOfValue #LearnMMT youtu.be/-QTARhp5qS8?si…
youtube.com
YouTube
Defining Value with L. Randall Wray
Economist L. Randall Wray explains why we need to look beyond surface phenomena and understand the structure of capitalism to determine the value of money. #Keynes #Marx #LaborTheoryOfValue #LiquidityTheoryOfValue #capitalism #FJG #MMT realprogressives.org/podcast_episod…
#AdamSmith got so much right, but what did he get wrong? adamsmithworks.org/documents/stev… #LaborTheoryofValue #DivisionofLabor #LibertyFund #StevenHorwitz
How might we reconcile #AdamSmith and the #LaborTheoryofValue? @sghorwitz at AdamSmithWorks: ow.ly/Qiw350I09pp
Is the #LaborTheoryofValue correct in that #profit is a problem rather than a #solution? ow.ly/Agbj50JsRre ow.ly/Ptuz50JsRrc #AdamSmith #Economics #LibertyFund #Divisionoflabor #KarlMarx
Even #AdamSmith gets some stuff wrong... Read @sghorwitz on the #LaborTheoryofValue at AdamSmithWorks: ow.ly/LrqV50HhyRa
If everybody who was currently happy with their job could keep it forever, that would be a utopia, right? My response: buff.ly/3asZjKD #LaborTheoryOfValue #SubjectiveTheoryOfValue
So today's #WealthofTweets is all about the #LaborTheoryofValue... #ReadMore in this essay from Steven Horwitz: adamsmithworks.org/documents/adam…
If the #LaborTheoryofValue is correct, profit is a problem rather than a solution. Since profit can only come from #exploitation, and exploitation is to be avoided, most endeavors should be neutral if not ending up in the red. @1sadorejohnson ow.ly/51r850IBnUv
The Labor Theory of Value lacks value says @1sadorejohnson is his New #SpeakingofSmith #LaborTheoryofValue #ComparativeAdvantage #KarlMarx #DivisionofLabor #Prices ow.ly/vxqw50Ie3Cw
Did #JohnLocke subscribe to the #LaborTheoryofValue? See what Eric Mack has to say in this #ReadingRoom post at @online_liberty: ow.ly/zovQ50IsyVc
“@RougeForum: #RougeForum14 Gibson: The best cartoon ever #LaborTheoryOfValue http://t.co/ThRiR6x8ZK”
marxists.org/archive/mattic… @angstreich2 @antipcnyuprof @profwolff @profdavidharvey #LaborTheoryOfValue #Socialism
Did you miss any of our NEW #SpeakingofSmith posts this week? #LaborTheoryofValue Lacks Value @1sadorejohnson ow.ly/n5E350Ih5BL Adam Smith, Historian @burrow_JohnR ow.ly/bMLj50Ih5BN #AdamSmith on Women's & Mothers' Roles by Chris Loukas ow.ly/Gs2u50Ih5BM
Marx's Labor Theory of Value: The value of a commodity is determined by the socially necessary labor time required for its production. This labor, not supply/demand, is the source of value and profit (surplus value). #Marxism #LaborTheoryOfValue
Was #JohnLocke an adherent of the #LaborTheoryofValue? Not so fast, argues @Tulane's Eric Mack in the #ReadingRoom. Weigh in today in the comments: ow.ly/94S750IthQE
Take a look at the clothes that you’re wearing right now. Where were they made? How were they made? Something simple to think about. One part of the (r)evolution must be a cultural shift behind the value systems determining how we consume and produce. #LaborTheoryOfValue
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