labour theory of value questioned

November 2024 Forums General discussion labour theory of value questioned

Viewing 8 posts - 1 through 8 (of 8 total)
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  • #188871
    robbo203
    Participant

    The Postmodern Labor Theory of Value and the Illusion of Exploitation

     

    the usual stuff about value being subjective

    #188872
    Bijou Drains
    Participant

    Great reply, Robin. I have added another with a few more links.

    #188877
    Anonymous
    Inactive

    I do not take  anything with seriousness from any Economist graduated from the University of Chicago. The Chicago Boys came from that center of pro-capitalists and followers of Anarcho Capitalism. They have created a wrong impression of what Anarchism really is

    #188880
    alanjjohnstone
    Keymaster
    #188881
    Anonymous
    Inactive

    https://www.marxists.org/archive/dunayevskaya/works/1944/revision.htm

    Raya Dunayeskaya also made good explanations about Marx’s Theory of value and she rejected many false allegations made against Marx theory of labour

    #188882
    LBird
    Participant

    As Robin’s article argues, Marx’s theory of value was neither subjective alone nor objective alone, but ‘subjective-objective’. An alternative term for this linking of the subject and object is ‘productive’.

    We produce our value, it’s a ‘value-for-us’. This ‘value’ is thus neither ‘individual estimation’ nor ‘matter’ (this latter Marx specifically says in Capital), but our socio-historical product, and thus we can change it.

    It’d make some sense to call it Marx’s ‘Productive Labour theory of value’.

    #188884
    ALB
    Keymaster

    As Shaun Commack wrote:

    Postmodernism is characterized by a rejection of objectivity and absolute truth, which obviously brings it into conflict with the labor theory of value. However, postmodernism is also highly skeptical of logic and coherence, so we end up with a postmodern labor theory of value, in which an individual’s subjective value is the objective value of the object. Both absolute objective value and negotiated value are rejected. This introduces a problem, which is solved by group identity.

    Just mumbo jumbo if you ask me.

    #188888
    Anonymous
    Inactive

    Like all the new theory that are floating in the air in this society, they make no sense and are based on illusions and false principles. Thousands of reformists and pro-capitalists and anarchists have tried to reject Marx theory of value, but all have failed completely, I do not even waste my times with them, it would be better to talk to an evangelical

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