this post was submitted on 23 May 2021
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What would be the criticisms of the criticisms of the labor theory of value? (hexbear.net)
submitted 3 years ago* (last edited 3 years ago) by LibsEatPoop@hexbear.net to c/politics@hexbear.net
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There is a Wikipedia page for the Labor Theory of Value.

There is a Wikipedia page for the Criticisms of the Labor Theory of Value.

But there is no Wikipedia page for "Criticisms of the Criticisms of the Labor Theory of Value". Even Google doesn't turn anything up.

I have not read enough theory to even fully understand LTV, let alone understand its criticisms. But I'm assuming there are some Marxists who have written the "Criticisms of the Criticisms of the Labor Theory of Value". What would these be? Right now you get the impression that the "Criticisms of the Labor Theory of Value" are going unchallenged.

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[โ€“] TankieTanuki@hexbear.net 1 points 3 years ago (3 children)

In my experience, a lot of criticisms rely on the assumption that value and price are the same thing, whereas every Marxist knows that price is exchange value.

[โ€“] RealAssHistoryHours@hexbear.net 2 points 3 years ago

whereas every Marxist knows that price is exchange value.

PRICE IS THE MONEY-FORM OF EXCHANGE VALUE RAAAAAAAAAAAAA

:agony-turbo:

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