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#labortheoryofvalue

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Jesse<p><span class="h-card" translate="no"><a href="https://kolektiva.social/@MikeDunnAuthor" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>MikeDunnAuthor</span></a></span> Your labor theory of value ignores the value contribution that exists outside labor. There is also fundamental issue determining an individuals contributed value, which is worked around in the theory by ignoring individual performance.</p><p>Businesses struggle with this constantly, and the system for dealing with it sucks. The way <a href="https://hear-me.social/tags/capitalism" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>capitalism</span></a> handles it is by giving everyone the opportunity to succeed or fail, with failure being key to business correction.</p><p>Investors also provide value. The employees could be the investors in the company, but it seems this is no something people are generally willing to do.</p><p>How does the <a href="https://hear-me.social/tags/labortheoryofvalue" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>labortheoryofvalue</span></a> incorporate risk into its value calculations?</p>
𝗖 𝗔 𝗧<p>Capitalism and Time</p><p><a href="https://mastodon.social/tags/Capitalism" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Capitalism</span></a> <a href="https://mastodon.social/tags/labor" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>labor</span></a> <a href="https://mastodon.social/tags/wages" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>wages</span></a> <a href="https://mastodon.social/tags/wagework" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>wagework</span></a> <a href="https://mastodon.social/tags/surplusvalue" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>surplusvalue</span></a> <a href="https://mastodon.social/tags/labortheoryofvalue" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>labortheoryofvalue</span></a></p><p>Link to reddit post: <a href="https://www.reddit.com/r/CommunismMemes/comments/1hk6l96/capitalism_and_time/?utm_source=share&amp;utm_medium=mweb3x&amp;utm_name=mweb3xcss&amp;utm_term=1&amp;utm_content=share_button" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">reddit.com/r/CommunismMemes/co</span><span class="invisible">mments/1hk6l96/capitalism_and_time/?utm_source=share&amp;utm_medium=mweb3x&amp;utm_name=mweb3xcss&amp;utm_term=1&amp;utm_content=share_button</span></a></p>
I Linux I Lose 😫<p>We believe in magic or aliens before we believe that labor is the only source of new value in society.</p><p><a href="https://mastodon.online/tags/labor" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>labor</span></a> <a href="https://mastodon.online/tags/labortheoryofvalue" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>labortheoryofvalue</span></a> <a href="https://mastodon.online/tags/marxism" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>marxism</span></a> <a href="https://mastodon.online/tags/economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economics</span></a> <a href="https://mastodon.online/tags/egypt" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>egypt</span></a> <a href="https://mastodon.online/tags/pyramids" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>pyramids</span></a></p>
Adrian Riskin 🇵🇸🍉Police have a role to play in giving money value. Here's an argument: