This kind of shallow dismissal could only be posted by someone who hasn’t spent much time thinking about economics, or thinking about why Marx remains one of the most relevant and influential theoreticians amongst people who do spend a lot of time thinking about economics.
For a start, Marx understood well that the price assigned to a commodity by a market and its value were often out of sync. If you’re confused about the difference between those things, think about Dogecoin as a particularly extreme example.
For a start, Marx understood well that the price assigned to a commodity by a market and its value were often out of sync. If you’re confused about the difference between those things, think about Dogecoin as a particularly extreme example.