4 ms·
The WWII POW camp paper discussed is a lot more interesting and worth reading than this article winds up being: https://gwern.net/doc/economics/1945-radford.pdf
by gwern 2y ago
The WWII POW camp paper discussed is a lot more interesting and worth reading than this article winds up being: https://gwern.net/doc/economics/1945-radford.pdf https://gwern.net/doc/economics/1945-radford.pdf
- shove 2y agoAuthor attempts to use this paper to dunk on Marx’ labor theory of value, but Marx discusses this extensively in Capital: price and value are often interchangeable, but not always.
- atoav 2y agoIsn't the selling strategy of "you can get these 5 things who all have a fantasy price of 1000 each for 2500 as a bundle (value 5000!)" a similar detachment?
- HDThoreaun 2y agoLabor theory of value is one of the dumbest ideas ever thought of, not so hard to dunk on.
- kbelder 2y agoI can forgive somebody conflating labor and value, but only if they haven't given any serious thought to the matter. If they have, and still believe it, there's willful ignorance or some other problem at play.
- Noumenon72 2y agoCould you excerpt which part of the paper constitutes said dunk? I searched "Marx" and "labor" unsuccessfully. Also it would be helpful to use your knowledge of Marx to explain how price and value are not interchangeable in this case.