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 Proof of the Labor Theory of Value

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bcarsham129
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PostSubject: Proof of the Labor Theory of Value   Fri Apr 03, 2009 8:36 pm

This scientific study measured the accuracy of the labor theory of value at predicting prices. The result showed that the labor theory of value was 98.3% accurate and the temporal single system interpretation of the labor theory of value was 98.9% accurate.

http://www.wfu.edu/~cottrell/wpc_ac/wpc_ac.html
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WeiWuWei
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PostSubject: Re: Proof of the Labor Theory of Value   Fri Apr 03, 2009 10:30 pm

The labor theory of value has always felt right to me.

Something about the notion that an item's price should be based on the time, energy, and sacrifice put into the product seems legitimate.

And something about the notion that, somehow, the supply of an item should dictate an item's worth has always felt wrong, and weird.
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Tyrong Kojy
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PostSubject: Re: Proof of the Labor Theory of Value   Fri Apr 03, 2009 10:53 pm

Personally I think BOTH should factor. Supply, AND all the other stuff. Makes sence to me.

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Zealot_Kommunizma
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PostSubject: Re: Proof of the Labor Theory of Value   Fri Apr 03, 2009 10:56 pm

While a legitimate way to "price" things, I don't feel that trade and prices are correct either. Two men can put different ammounts of sacrifice into producing exactly the same thing in the same ammount making prices for the exact same thing vary, that is if we're to put prices to things.

Inmensely better than capitalism's arbitrary ways, but definitely not good enough.

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forla
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PostSubject: Re: Proof of the Labor Theory of Value   Fri Apr 03, 2009 11:30 pm

its not about what is the best way

its about which economic theory is best at predicting prices under capitalis

this sientific study shows that capitalism obeys the labor theory of value, and therefore marx's crisis theory has been proven correct
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Black_Cross
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PostSubject: Re: Proof of the Labor Theory of Value   Sun Apr 05, 2009 10:30 pm

forla wrote:
its not about what is the best way

its about which economic theory is best at predicting prices under capitalis

this sientific study shows that capitalism obeys the labor theory of value, and therefore marx's crisis theory has been proven correct

You needed a study to tell you this?... I think trolling makes you dumber. Why not just take a look at history, it's clear enough (and nothing's changed)

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mattabesta
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PostSubject: Re: Proof of the Labor Theory of Value   Mon Apr 06, 2009 2:13 am

I can't beleve you are still trying too prove this BS
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Black_Cross
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PostSubject: Re: Proof of the Labor Theory of Value   Tue Apr 07, 2009 1:47 am

mattabesta wrote:
I can't beleve you are still trying too prove this BS

Still having free market fantasies as your own economy implodes around you?

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mattabesta
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PostSubject: Re: Proof of the Labor Theory of Value   Thu Apr 09, 2009 4:56 am

Black_Cross wrote:
mattabesta wrote:
I can't beleve you are still trying too prove this BS

Still having free market fantasies as your own economy implodes around you?

wut?
icelan'd econamy grew 3X what we are loosing dumbfuck
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Black_Cross
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PostSubject: Re: Proof of the Labor Theory of Value   Thu Apr 09, 2009 8:34 pm

mattabesta wrote:
Black_Cross wrote:
mattabesta wrote:
I can't beleve you are still trying too prove this BS

Still having free market fantasies as your own economy implodes around you?

wut?
icelan'd econamy grew 3X what we are loosing dumbfuck

You wanna give me a link or some evidence of sorts, cos i doubt (maybe wrongly) that Iceland pulled a complete 180 and then rocketed into grand wealth in such a short time. Maybe i'm just a cynic.

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