taffer

Neither is medicine, climate science, nor the marxist interpretation of the labor theory of value I was replying to.

You're missing the point

You're missing the point. The difference between three-year-old and fifteen-year-old whisky is mainly due to capital costs, not labour costs. According to the LVT, capital costs are not real.

> product is constantly evaporating and you're getting a lower yield on the same initial input

This so-called 'angel's share' accounts for ~2% per year, not 10%.

I fail to see the moral problem with being able to write a book that millions or even billions of people can enjoy. To me that's a feature, not a bug.

> > I could give you examples of how value is created without any work at all.

> I'm all ears.

Ageing whisky.

> "Mainstream economics" is doing a lot of heavy lifting.

As is "mainstream medicine" or "mainstream climate science". If you don't trust mainstream science, you must be either extremely smart or just delusional.

> The work is the same, yet if the take home is different, you've proven that your income is not in fact earned through work in a moral sense.

You could say the same about musicians and authors. Are they immoral as well?

As the Wikipedia article states, the labour theory of value (LTV) was replaced by the theory of marginal utility in mainstream economics due to its major inconsistencies.

> Take Google as another example. The profit per employee has famously been (at times) over $1 million per year.

So, are you saying that the employees were exploited in some way? I could give you examples of how value is created without any work at all.

You have it the wrong way round: In the US the slave owners lived on the farms. The bustling cities were in the free states.

It isn't that simple. The most important thing about a city is the streets and blocks. Manhattan and Barcelona are good examples of cities that have been designed in a way that make them walkable and high density.

Advertising is as old as humanity itself. Asking what people did before advertising doesn't make sense.

Also, word-of-mouth advertising is, as the name suggests, a form of advertising.

Not really a counter example: gh.de is a pure advertising platform.