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Well, I agree completely with everything you say in this comment. Skimming https://en.wikipedia.org/wiki/Labor_theory_of_value#Karl_Marx https://en.wikipedia.o
by quadrangle 5y ago
Well, I agree completely with everything you say in this comment.
Skimming https://en.wikipedia.org/wiki/Labor_theory_of_value#Karl_Marx https://en.wikipedia.org/wiki/Labor_theory_of_value#Karl_Mar... and https://davidharvey.org/2018/03/marxs-refusal-of-the-labour-theory-of-value-by-david-harvey/ https://davidharvey.org/2018/03/marxs-refusal-of-the-labour-... and such trying to make sense of the "Labor Theory of Value" and Marx, it seems clear that Marx never even supported the idea let alone had it as a foundational principle. But I find trudging through what Marx actually said or wrote not enjoyable or worthwhile generally.
In the end, it doesn't matter what Marx said or not, what matters is whether specific ideas have merit. I'm pretty sure I would not agree with everything Marx did actually say. The point is that it is completely irrelevant who said something, which is why the trend to label the source as a way to dismiss things is such a problem intellectually.
I haven't heard anything from Varoufakis that seems like BS along the lines of Labor Theory of Value. Everything I've heard from him is pretty solid. But that doesn't mean I stand by anything you ever get from him. IMO, it's useful to have good sources, but not so useful to make a big deal over aligning with any particular dogmatic school of thought. Making up one's mind to be a somethingist is a way to get away from curiosity and feel like you just already understand everything. The utility in such labels is just to help communicate in cases where shared label understanding actually exists.
- didericis 5y agoYes, 100% agree about avoiding dogma. Have had that same complaint about certain Austrians, despite finding a lot of it sensible. You’ve definitely convinced me to branch out and check out Varoufakis. I should really try to trudge through Das Kapital at some point as well, given the importance and the seeming misinterpretations. I’ve heard enough people talk about the core ideas and have read books that gave what seemed a decent summary, but I should really slog through the original source.