4 ms·
> while taking most of the surplus value Just FYI, "surplus value" refers a concept Marx made up that is considered in mainstream economics to be an error in r
by ants_everywhere 2y ago
> while taking most of the surplus value
Just FYI, "surplus value" refers a concept Marx made up that is considered in mainstream economics to be an error in reasoning.
Even making sense of it requires buying into the labor theory of value that Marx took from Adams and Ricardo, but which is not taken seriously anymore.
That doesn't detract from the substance of the point you're making. But it's a little like reading someone say their house is hot because of all the phlogiston. It detracts from the force of the argument.
- dcre 2y agoYou haven’t said anything.
- ants_everywhere 2y agoSurely this retort sounded cooler in your head? But also, literally I said a lot. There's enough meat there for someone who hasn't spent much time in the history of economics to spend an entire afternoon going down an enjoyable rabbit hole.
- polotics 2y agothat connection between surplus value and the labour theory of value is fully unexplained in your post, so... you have not said nothing, but you haven't said enough to make your post consequential I'm afraid