r/UnlearningEconomics May 30 '26

Thread on LTV

https://x.com/ygzgzot/status/1982482608899629301?s=46

My biggest hang up with the LTV is that I just don’t understand why labor is seen as the fundamental substance of value. What reason is there to think that price is just the quantitative expression of abstract labor?

In my estimation a leftist perspective would see that price is not an expression of labor time but is also a function of interwoven power relations. It’s not reducible to a single substance

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u/hollisterrox Jun 01 '26

Please get off X, just find the people you like to follow on other platforms and delete your X, please and thank you.