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Do Communists Understand Money? Marxism and the Economics of Value w/ Colin Drumm and Acid Horizon
Acid Horizon
Misconceptions about the labor theory of value
The theory of capital in terms of a value form Marxism returns to one of the definitions of capital Marx gears which is command over unpaid labour./nThis definition of capital becomes more about purchasing power than reproducing an abstract equivalence./nThe speaker is reviewing William Claire Roberts' book and exploring value theory stuff, specifically focusing back to William Petty who is one of the original thinkers on the topic.
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