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Socially necessary is an averaging concept and is an essential part of the theory. Look it up in Das Kapital. Marx was concerned with social production, not ind
by cutler 4y ago
Socially necessary is an averaging concept and is an essential part of the theory. Look it up in Das Kapital. Marx was concerned with social production, not individuals.
- msla 4y agoSo it's a political idea, as opposed to an economic one.
- cutler 4y agoNot really. Most economic theories deal with the social dimension of production. Then again, we tend to forget that Economics for a long time was known as Political Economy as it's difficult, if not impossible, to divorce the two.
- msla 4y agoExcept, as an economic theory, it's superseded. People only hold to it out of politics.