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Someone has to work their ass off to create surplus to make billionaires. How many of those we got?
by dilawar 5y ago
Someone has to work their ass off to create surplus to make billionaires. How many of those we got?
- mejutoco 5y agoI read this book: the classical school, by Callum Willians, and I very distinctively remember an interesting argument about surplus value. I always thought the surplus value idea was very appealing intuitively, so I was surprised to see it challenged. He basically says that surplus is based on a labour theory of value, and cannot exist without it. In other words, if we accept that the value is whatever the market determines, then there is never surplus!