/lit/ - Literature

>>15997465
peepoo

>>15997465
>le invisible hand

Into the trash it goes.

the part with like 20 pages of just corn prices

>>15997465
Impossible. Marxists can only seethe.

>>15997875
Karl Marx was a smithist.

>>15997465
written by an a*glo

>>15997875
Marx and Smith go hand in hand, you illiterate chump.

>>15997888
I wish this meme would die. Just because smith liked dropping snide comments about feudal landlords doesn't mean that he wasn't in support of like 99% of the free market system. His one major complaint had to do with the atomization and personal meaninglessness that the division of labor would cause down the line. Which isn't a fault of capitalism, it's the fault of technological advancement in any form.

>>15997938
>the free market system
You've clearly never read Marx.

>>15997875
Mill is the one Marxists don't like.

>>15997465
The Labor Theory of Value is a pretty obvious flaw, until Marx corrected it with his own improved version

>>15997465
Read barren metal by e.michael jones

>>15998285
based and snlt-pilled

>>15998285
if this retarded theory held any merit would be not only accepted economics but also implemented organically into the real world. But it isn't because labor has no fucking value without direction. You can dig as many ditches as you want, doesn't mean it will ever generate wealth.

>>15997875
This literally inspired Marxist theory, the fuck are you on about?

>>15998676
Modern Economics as a “science” is just Jewish astrology. Marx was right

>>15998676
Sorry Marxist bros, I'm going to have to agree with this anon. A theory of value based off of Marginal utility seems a lot more plausible then the Labor theory of Value.

>>15998710
>Calls economics jewish astrology
>names a kike that made up an entire dogma lapped up by retards
o i am laffin

>>15998676
>labor has no fucking value without direction
Directing labor is also labor, you blithering moron.

>>15998744
marx was a better jewhater than you ever will be faggot

>>15997465
>not madam smith

>>15998676
>You can dig as many ditches as you want, doesn't mean it will ever generate wealth.
A ditch with no use is not a commodity, retard. A commodity is something with positive use-value, labor-value, and hence exchange-value. The exchange-value of a commodity, which is reflected in its price, is the average labor time need to reproduce its use-value.

>>15998730
>Marginal utility
Metaphysical spook.

>>15998285
This except Marx didn’t correct it

>>15998981
If marginal utility is a spook then the LTV is a bigger spook. “Hmmm yes this object is definitely infused with specifically 10 units of abstract labour value”

>>16000554
>t. hasn't read Marx
Labor-value is obviously not inherent in commodities. Only use-value is.

>>15998700
it also inspire pretty much every other subsequent economy theory so...

>>16000954
Then it’s as much of a spook as Marginal Utility, which is essentially Use Value

>>15997875
Come to back to /lit/ once you have actually read some books

>>15997875
AHAHAHAHA!
You total fucking moron!