Profit is not surplus value created by worker - that’s a 4 year olds understanding and negates all the other components of the system of which labour is only one.
We have tried “choosing” various “arrangements” (or more correctly, competing economic systems) and evidence points to capitalism being the correct approach to maximise liberty, growth and progress.
Profit is not surplus value created by worker - that’s a 4 year olds understanding and negates all the other components of the system of which labour is only one.
We have tried “choosing” various “arrangements” (or more correctly, competing economic systems) and evidence points to capitalism being the correct approach to maximise liberty, growth and progress.