Tehon
Gold Member
- Jun 19, 2015
- 8,938
- 1,239
There are two types of labor, productive and unproductive.Economics is a social science, yes. It purports to study the system of production and distribution of life's necessities in society. As such, Marx's theory of labor value is of great value (not market valueYou made the point that Marx's labor theory of value is economically meaningless?Very good, I made that point 11 pages ago.The "value" = "intrinsic value" = "amount of labour socially necessary" you're talking about has nothing at all to do with market value.
Marx made it 150 years ago.) to the understanding of economics. He stripped away the facade that is the money form and exposed the true essence of the commodity, the basic unit of trade in an economy.
It can be ignored, indeed it has been actively suppressed. But it is still there, underlying the whole economic system. His theory accurately explains the capitalist system of production.
There are two sources of value in an economy. Nature and labor. It is only by labor that nature is improved upon. Value added.
Labor has been exploited in one form or another for most of human history.
In human's less developed stage slavery was the method.
As humans developed, that form of exploitation lost favor and a new system of exploitation developed in the form of feudalism. Now people were free to work the land for themselves but only after they had produced what was required from the owners of the land. Well, some people were set free anyway.
Eventually that lost favor and a new form of labor exploitation developed, capitalism.
^ this is what Marx's theory makes evident.
It is only labor that improves upon nature and adds value to society in the form of a commodity. Without labor your economic system is irrelevant, it doesn't exist.
You two are nothing but a couple of monkeys slinging mud in all directions trying to discredit something that is fundamentally true.
The fundamental conceit of marxists is their conviction that capitalists (entrepreneurs, business owners, investors, speculators, etc...) contribute no labor, and add no value, to the goods and services they produce, that profit is, by nature "unearned". It's all "money-for-nothing".
It isn't until they get their druthers, and eliminate the capitalists, that they realize their error.
I would say that the bulk of your capitalist's labor, especially when you exclude the petit bourgeoisie, is unproductive. It is designed to expropriate the value produced by productive labor.
Your capitalists own this country. They gave rise to the State and use the State to keep labor in line. With the aid of the State they are attempting to control the planet.
You're nothing but an apologist for the globalist agenda, or an unwitting dupe.