| Proof of the Labor Theory of Value | |
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+3Tyrong Kojy WeiWuWei bcarsham129 7 posters |
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bcarsham129 Experienced Pioneer
Posts : 50 Join date : 2009-04-02
| Subject: 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 World Republic Party Member
Posts : 624 Join date : 2008-04-14 Age : 47
| Subject: 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 Member of the Supreme Council
Posts : 2142 Join date : 2008-04-11 Age : 37 Location : Canada
| Subject: 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 Hero of the World Republic
Posts : 5413 Join date : 2007-12-06 Age : 35 Location : Mexico/Russia/Worl
| Subject: 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 Gulag Inmate (Permabanned)
Posts : 10 Join date : 2009-04-03
| Subject: 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 Chairman of the WR Committee
Posts : 1702 Join date : 2008-04-04 Age : 35 Location : Sisyphean Hell
| Subject: 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 Chairman of the Supreme Council
Posts : 3936 Join date : 2007-12-23 Age : 29 Location : Iceland
| Subject: 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 Chairman of the WR Committee
Posts : 1702 Join date : 2008-04-04 Age : 35 Location : Sisyphean Hell
| Subject: 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 Chairman of the Supreme Council
Posts : 3936 Join date : 2007-12-23 Age : 29 Location : Iceland
| Subject: 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 Chairman of the WR Committee
Posts : 1702 Join date : 2008-04-04 Age : 35 Location : Sisyphean Hell
| Subject: 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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| Proof of the Labor Theory of Value | |
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