4 ms·

"It is difficult to get a man to understand something when his salary depends upon his not understanding it" - Upton Sinclair And, well, you are right that th

"It is difficult to get a man to understand something when his salary depends upon his not understanding it" - Upton Sinclair And, well, you are right that there are 'debunkments' of Labor Theory of Value. Of course, they are put out by hard right-wing laissez faire capitalist enclaves, like Mises. I would never expect them to take a dispassionate view of capitalism, given their extremist position. https://mises.org/mises-wire/three-arguments-debunking-marxs-labor-theory-value https://mises.org/mises-wire/three-arguments-debunking-marxs...

simianwords 4mo ago
I asked ChatGPT this: "who is the single one contemporary person who took labour theory of value seriously in an academic sense?" ChatGPT: G.E Cohen. (G.E Cohen is an Analytical Marxist BTW) Here's what G.E Cohen has to say specifically on LTV: 1. "labour theory is, moreover, false" [1] 2. "The labour theory of value is not a suitable basis for the charge of exploitation laid against capitalism by Marxists, and the real foundation of that charge is something much simpler which, for reasons to be stated, is widely confused with the labour theory of value." [2] [1] https://andrewmbailey.com/money/readings/cohen https://andrewmbailey.com/money/readings/cohen [2] https://www.versobooks.com/blogs/news/3128-the-labour-theory-of-value-and-the-concept-of-exploitation https://www.versobooks.com/blogs/news/3128-the-labour-theory... So here you have the one guy who took this flawed concept seriously, * from the side of Marxism * and then has to conclude that it is false.
- mystraline 4mo ago
  Wait a sec. You want me to *trust* the output of a hypercapitalistic slop machine whose owner bulk pirated most of the western knowlege for money. And he wants to scan the eyeballs of everyone for his shitcoin (and kicked out of multiple countries for abuses). And, you expect me to read that slop drivel? Fuck, no. I had the decency to use my own words. You can too. And, "Don't post generated text or AI-edited text. HN is for conversation between humans." I do not care about your propaganda clanker.
  - simianwords 4mo ago
    You didn’t even read what I wrote. Step back for a sec.
    - mystraline 4mo ago
      You didnt write it. You slop machined it. I quit after this: "I asked ChatGPT this:" Even I had enough respect to respond with my words and my intellect. Even if my thoughts are in possible error. You didnt have enough respect for even that.

simianwords 4mo ago

I asked ChatGPT this: "who is the single one contemporary person who took labour theory of value seriously in an academic sense?" ChatGPT: G.E Cohen. (G.E Cohen is an Analytical Marxist BTW) Here's what G.E Cohen has to say specifically on LTV: 1. "labour theory is, moreover, false" [1] 2. "The labour theory of value is not a suitable basis for the charge of exploitation laid against capitalism by Marxists, and the real foundation of that charge is something much simpler which, for reasons to be stated, is widely confused with the labour theory of value." [2] [1] https://andrewmbailey.com/money/readings/cohen https://andrewmbailey.com/money/readings/cohen [2] https://www.versobooks.com/blogs/news/3128-the-labour-theory-of-value-and-the-concept-of-exploitation https://www.versobooks.com/blogs/news/3128-the-labour-theory... So here you have the one guy who took this flawed concept seriously, * from the side of Marxism * and then has to conclude that it is false.

mystraline 4mo ago
Wait a sec. You want me to *trust* the output of a hypercapitalistic slop machine whose owner bulk pirated most of the western knowlege for money. And he wants to scan the eyeballs of everyone for his shitcoin (and kicked out of multiple countries for abuses). And, you expect me to read that slop drivel? Fuck, no. I had the decency to use my own words. You can too. And, "Don't post generated text or AI-edited text. HN is for conversation between humans." I do not care about your propaganda clanker.
- simianwords 4mo ago
  You didn’t even read what I wrote. Step back for a sec.
  - mystraline 4mo ago
    You didnt write it. You slop machined it. I quit after this: "I asked ChatGPT this:" Even I had enough respect to respond with my words and my intellect. Even if my thoughts are in possible error. You didnt have enough respect for even that.