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Do Communists Understand Money? Marxism and the Economics of Value w/ Colin Drumm and Acid Horizon
Acid Horizon
The Par Value of Land and Labor
There's a difference between the value of what the land produces in a given year and the value of the land itself. How many years worth of produce does it cost to buy the land in the first place? That's what you do when you buy an asset. petty is doing this because he basically thinks that the problem is disproportionate taxation. When you tax people disproportionately, they get mad and then you have a civil war.
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