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RE: Markets and the Rise of the Ruling Class
"If this were to hold you would have no objection to me grinding planks into dust as opposed to turning them into chairs as long as it too the same amount of effort. "
"In conclusion you misrepresent the problem then use faulty theory to disprove it."
and that kids, is called irony
"The labor theory of value (LTV) is a theory of value that argues that the economic value of a good or service is determined by the total amount of socially necessary labor required to produce it,"
"socially necessary labor"
fuck off with that retarded shit
The socially necessary labor argument is circular. You determine the value of a product by the value of the labour involved, and you value the labour involved by the value of the product, which depends on the value of the labour.
Please tell me where I am wrong or revise your argument.