> Then again he also apparently had himself talked in circles to make his findings fit the labor theory of value. And what are the record and movie companies i

> Then again he also apparently had himself talked in circles to make his findings fit the labor theory of value. And what are the record and movie companies imploring us with, when they say we shouldn't copy ("pirate") songs, movies or software? They say that the value of the product came from the work of the artists or programmers, and they deserve to be paid for their efforts. Well what is that but the labor theory of value? Even corporate America has cast off the subjective theory of value. The labor theory of value was and is correct, but more and more we see things with a new form. A commodity used to be a scarce thing, but nowadays people increasingly create "commodities" which once built are infinitely reproducible for almost no cost, or actually no cost. To where it is not even a commodity any more. So even Marx's theory of the 19th century commodity is upended. Not only that - these new commodities are reusable - from hiphop artists sampling older songs, to developers reusing components. Production is changing, so theories of production must change also. Neither the marginalists nor Marx described what is going on now and will be increasingly so. Although in the sense that Marx posited that production would be radically changed in the future from the 19th century factory system, in that sense he was correct.