Search results

You're missing the point. LtV won't work in any market, capitalist or otherwise. In any system, people will still need money as a medium of exchange and use prices as a tool to manage resources and generate market signals, and LtV's faulty assumptions will still cause problems. Why do you think...

No economic system has any regard for the "Moral worth" of people, because economics is about resource management, not the true value of the human soul or whatever. There's actually no such thing as "marginal theory of demand", I think you're thinking of marginal utility, which has an impact...

No it's not. I'll explain why in a moment, but to start with, I want to know what I'm working with here, so please describe the LtV in your own words. Given all of your comments, yes. EDIT: And on a quick google search, I'm not seeing your claims being true overseas either.

Please tell me that's not a labor theory of value argument, because LtV has been comprehensively discredited for decades. You are aware that when you see dates listed as 5/18/20, the 20 there means 2020, not 1920, correct? I ask because that sort of temporally confusion is the only possibly...

You didn't say that people would have finanical intrests in disproving marx (which also is not true. There's no such phrase as "as rich as an economist", and there is a reason why that turn of phrase doesn't exist), you said the austrian school's entire purpose was to come up with one. I...

Well, again that's wrong. There was already a functional alternative to marx, it was called "the rest of the economic field", and while that field had some help from the austrian school in debunking marx, if not for them it seems plausible that someone else would have come up with a description...

Well yes, that is the issue, that's he's not actually in any way relevent to the causes and problems of domestic violence, and yet had a section of the book set aside so the author could rant about him. Even in my associates degree, we discussed the difference between mirco and marcoencomics...

I've actually taken a few criminal justice courses, and have an associates degree is economics, so I feel comfortable in saying that your claim here is almost entirely wrong. One of the courses I took was on the corrections system, and it had a very heavy emphasis on how important it is to make...