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COMRADES
Apr 3, 2017

by LITERALLY AN ADMIN

Spangly A posted:

what? LTV post-marx is about the entire history of capitalism being built and maintained through surplus-value in the market, not the commodity. The exchange value and price both further separate from socially necessary labour time of the commodity as the complexity of an economy increases. The individual labour time of the individual commodity never has any direct interaction with the exchange value - only the wider implication of surplus value matters. Marxist LTV works just fine with discounting booze to make you buy crisps

Surplus value in its stored form is an expression of wealth, being an abundance that can be turned into power, comfort or satiation quickly at any given moment, provided the societal frame of reference hasn't collapsed in on itself in the meantime.

This is correct.

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COMRADES
Apr 3, 2017

by LITERALLY AN ADMIN

Eschat0n posted:

Is it within my rights on this forum to ask you to stop posting until you actually want to engage with the topic?

You can ask, they probably won't. Honestly just let it go some people are just gonna insist you are arguing in bad faith or whatever and that's that. If it gets too bad a mod usually steps in.

quote:

it is highly disingenuous to pretend that you are still trying to figure out the basics of economics by inventing desert island fables.

You just really got stuck on that desert island analogy huh?

Let it go dude who cares. Even if this is all some elaborate socratic just asking questions am really a libertarian deal then so what? There are 3rd parties who might read through this who are just figuring basics out. Argue the merits in Debate & Discussion or don't if you don't think it is worth your time.

What's gonna happen you're gonna get them to reveal they are in fact a libertarian and then what? You'll go "AHA!" and leave the thread? Just skip to that bit then if you're so sure and let it go.

I don't think any of this has taken on a particularly libertarian/ancap bent tbh.

COMRADES fucked around with this message at 19:29 on Feb 7, 2019

COMRADES
Apr 3, 2017

by LITERALLY AN ADMIN

Typo posted:

so basically what you are saying is that property has exchange value but no use value

I think what they are getting at is that land has use value but doesn't in of itself provide anything. People have to farm it / build on it / etc.

Wealth is the ability to command labor, and a nation's wealth is the stream of goods/services it creates. So yeah land just by itself is a raw input more than wealth itself.

COMRADES fucked around with this message at 19:37 on Feb 7, 2019

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