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JakobVirgil
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07 Aug 2012, 8:54 am

edgewaters wrote:
JakobVirgil wrote:
I think LTV was "Debunked" not because it was "wrong" but because it made Marx "right".


No, the problem with LTV is that it doesn't account for scarcity, while marginal value does.


The context of its creation is a little too perfect.
Although Supply and demand can be made to fit into a Marxist context.
One could argue that the marginal profit also "belongs" to the worker.


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