Comment

Comment by legitster

> price assigned to a commodity by a market and its value were often out of sync

Based on Marx's own flawed logic! https://www.smbc-comics.com/comic/2014-05-02

How much is a glass of water worth? Should it change if it takes me 5 seconds or 5 years to procure? Using labor theory to assign value makes no sense and is not a workable model for anything for anything other than justifying Marx's own circular logic.

parent legitster 3 years ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton