/lit/ - Literature

>>20481852
Well anyone can decide (pic related).

>>20127521
>no Marxist has ever identified a unit of SNALT. As they stand, these so-called “real quantities” are, in fact, entirely fictitious.
The empirical strength of the labour theory of value
https://www.academia.edu/2733004/The_empirical_strength_of_the_labour_theory_of_value

>>18586320
>Labor, labor, it must be labor", while you've been repeatedly bitch-slapped that labor is undefinable and unmeasurable.
It is undefinable by your weak brain.

>>15690374
The field of application of the law of value is limited to new output by producers of traded, reproducible labour-products.
Marx's goal was not to subsume the price of unreproducible objects under the law of value. He did not do this because of the simple reason that the law of value has to explain precisely the laws of human productive activities. In his theory of value, Marx does not treat the value of products which 'cannot be reproduced by labor, such as antiques and works of art by certain masters, etc.'"
https://en.wikipedia.org/wiki/Law_of_value#Field_of_application

>>15479505
If value is subjective, why is a toothbrush thousands of time less expensive than a car? I can live easily without a car, but without a toothbrush, my life would quicly goes to shit. Isn't it, perhaps, because the toothbrush, even if super useful, with a lot of use value, is produced with only a fraction of the time necessary to fabricate a car?
Why is a ballpoint pen only a fraction of the price of a laptop?
It is, because, is use comparatively, and even proportionely, way, way less working hours than the laptop.
Labor theory is real, and your daily household item have a price which contains basically the amount of labor hours your average factory worker cost. If your freezer cost $1000 and your toaster cost $100, it's basically because your freezer contains ten times more work than your toaster. It's as simple as that. And the reason nobody knows about this, and why it isn't taught in schools, or even university, is because surplus value, the value taken from the workers, is basically a scam. So mainstream economist teach that value is created in the circulation field, on the market, where products are exxchanged, not where they are produced, which is retarded.

>>14736846

>>13730059
>>13730041