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The problem with accepting this premise is that it violates the core principle of socialism that only labour creates value. But yes, of course, if I have an ora
by simonh 6y ago
The problem with accepting this premise is that it violates the core principle of socialism that only labour creates value. But yes, of course, if I have an orange grove and you have chickens, if we trade then the diets and nutrition of both of us improve.
Identifying imbalances in supply and demand and resolving them absolutely crates value, but that's the root of big scary nasty evil capitalism, so we can't be having it.
Not that Bezos' sums make and real sense at all either, but this critique is way off base.