3 ms·
maybe you should explain why not?
by melvyn2 4y ago
maybe you should explain why not?
- bpt3 4y agohttps://en.wikipedia.org/wiki/Criticisms_of_the_labour_theory_of_value https://en.wikipedia.org/wiki/Criticisms_of_the_labour_theor... https://thedispatch.com/newsletter/gfile/everything-wrong-with-the-labor-theory/ https://thedispatch.com/newsletter/gfile/everything-wrong-wi... (free subscription required to read the full article, but you can use a throwaway email address) In short, it's too simple to work in an economy as complex as ours, it completely ignores the impact of demand, and it assumes all workers are equally productive.