Essay against socialism and the LTV

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Images are hard to read, post an archive or sometbing.

maybe later, I don't have time rn and I don't really have high hopes for it. I strongly suspect that this is gonna be another one of those attempted refutations of the LTV based on secondhand information. but just curious OP were you involved in making these? Are you a newfag whose beliefs are genuinely shaken or are you just shilling your own work?

I didn't make this, and no, my beliefs aren't shaken, I just want to see some discussion on this, as the makers of it are some of the most arrogant and pompous assholes I've ever met.

They quote Marx a lot, in typical imageboard style, where you separate the paragraphs and ignore the overall structure of the argument. I don't think they've managed to actually read the chapter as a whole.

If I understand it correctly they are trying to "debunk" Marx by showing that Ayn Rand's definition of "value" does not fit into Marx's use of the word.

Hi Holla Forums

Stopped reading there
As anarchists we are dedicated to abolish the private ownership of the material world, and as nihilists we are dedicated to end existance so that no one can apropriate the material world

Here's your refutation: empirical confirmation that Marx's LTV is, after TSSI (based on Marx's LTV), the most accurate price calculation theory.

Now get to reading and abandon your hopelessly idealistic and bourgeois interpretations of society: marxists.org/archive/bukharin/works/1927/leisure-economics/.

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0/10 you couldn't even troll a normy with that

though i guess that's partially because normies don't read, not because they see through OPs charade.

Actually, according to that paper, classical LTV did the best. TSSI values only had a better correlation because they required price info to calculate, which is kind of cheating when you are trying to predict prices.

Dumb tankiddie

OP here, I don't personally agree with anything these guys have said, I just wanted to start a bit of discussion here, as I wanted other's input on it.

Marxism is still mostly intact even without LTV or TRPF

The fact that the Sraffian predictor is not clearly
ahead of the LTV is comprehensible in terms of the fact
that profit rates, counter to Sraffian theory, tend to be
lower in industries with a high organic composition of
capital.

On one hand, I think it's incredibly impressive that an app for memes somehow formed a community of people seriously devoted to discussing political economy, and a level of mutual respect on both sides.

On the other hand, it's fucking iFunny.

Explain. Doesn't the whole exploitation of surplus value thing kind of disappear?

There really isn't much respect between the right and left there. The right constantly raids lefties, and the left hates them for it.

scarcity = value according to cappies
but human labor time under competition = how scarcity is realized
if diamonds took 5 minutes of effort to go find, they would no longer be scarce, would they?
Give me an example of something that is scarce, can be produced by any competitors willing to invest the capital and human labor(which is 99.999999% of commodities in capitalism), and doesn't require huge amounts of human labor to acquire (living or dead labor aka capital), BUT still has extremely high price aka "scarcity"

exploitation still exists insofar as proletarians with average labor power continuously have their purchasing power pushed to subsistence
How can capitalism be good when the mass of people lived at or above subsistence for most of history, then all the land and MOP are owned by capital and now the mass of people have to sell their labor for subsistence, even as the MOP increases their objective productivity.
It may seem ok now, but over time average labor power will encompass greater and greater labor power.
When STEM degrees net 3 bowls of rice a day because everyone has to have one just to get a job, pro-cappies will realize the inherent exploitation at the heart of the system

also, don't give me an example like a rare-baseball card. 99.9999999~~% of commodities function entirely different

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These folks show some intelligence and commitment to actually read what they criticize. I think it was a good idea to post this here. But you have to make this available as a text, not fricking screenshots.

OP here, I got a link to the google docs of the papers, so here ya go
docs.google.com/document/d/1N8opNE-3Nj5W_7w_2vx6grfvoidmcMsTWli2EBXcZsM/mobilebasic

The guy is a total hack who didn't know what he was talking about and basically invented muh dpie.

Yeah but that's not Marxism, that's Proudhonism.

You're autistically shitposting pure weaponized aspergers at us.

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Can't access it. Make a pastebin.

docs.google.com/document/d/1N8opNE-3Nj5W_7w_2vx6grfvoidmcMsTWli2EBXcZsM
Does this work?