this post was submitted on 15 Aug 2024
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[–] Cowbee@lemmy.ml 5 points 4 months ago* (last edited 4 months ago) (1 children)

None of the LTV hold up. For a start, it predicts that people won't ever trade

What on Earth are you talking about? Do you know what "Exchange-Value" represents? Can you point to that in Marx's writings? If this is your best, then you need to read more of Marx before you randomly start pretending it's debunked or outdated, lmao.

[–] marcos@lemmy.world -3 points 4 months ago (1 children)

Do you know what “Exchange-Value” represents?

An attempt of pushing some amount of subjectivity into his value theory, but still in a way that keeps it objective and still fails to predict trade.

[–] Cowbee@lemmy.ml 5 points 4 months ago* (last edited 4 months ago)

Exchange-Value isn't subjective.

Can you answer my main question, where did you invent the idea that the LTV doesn't believe trade exists? This is PragerU level, try harder please.