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189. Is Property Theft? | Dr. Robert Murphy
The Jordan B. Peterson Podcast
Is There a Labor Theory of Economic Value That Can't Take That Into Account?
The labor theory of value falls apart pretty damn hard there because that's such a stunning technological advancement. It also enabled Ford to pay as workers much more than workers had been paid previously and he was on board with that for all his other flaws. So you do get these situations where revolutions in thought produce something of almost incalculable value and no labor theory can't take that into account. But it still doesn't account for why it's so damn Attractive yeah, and I do want to come to it.
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