3 ms·
> The central contradiction in capitalism Marx spells out clearly in Capital, although its a little too much to explain in a comment. Basically workers create $
by seliopou 14y ago
> The central contradiction in capitalism Marx spells out clearly in Capital, although its a little too much to explain in a comment. Basically workers create $240 of wealth every eight hour work day, but are only paid $200 a day. The $40 goes to profit, to get more capital, to make more commodities.
The labor theory of value just doesn't make sense. The only system in which it does is a communist system. And even then, if somebody values the commodity more than the value of the labor that went into producing it, they'll pay that price to acquire it on the secondary market.