@jason_pontin@alexolegimas@ygzgzot When I say bigger picture I mean, for example, how “profits” exist. If you take them as given you’re presupposing a whole system that they’re built on.
And socialism is not just when the government does stuff lmao, come on man
@jason_pontin@alexolegimas@ygzgzot I’m sure Solow’s work is great, but that’s an example of exactly what we’re talking about. It’s an analysis of surface level phenomena that doesn’t explain how any of it is actually possible. It doesn’t mean that he’s wrong, just that he might be missing the bigger picture
@jason_pontin@alexolegimas@ygzgzot I’m sorry bro but what you attributed to Marx actually came from Ricardo. Marx certainly developed the full identity V=c+v+s, but that’s not what you were talking about.
Also, your counter examples are just nonsense that have already been corrected here: https://t.co/LFpj40qbiH
@jason_pontin@PUSJT@alexolegimas You open with a formula that is Ricardo, not Marx. Marx’s value is socially necessary labour-time (SNLT): labour under average technique, skill, and intensity for a useful good. Price ≠ value. Prices fluctuate around a regulating centre.
@jason_pontin@alexolegimas@ygzgzot And I’m sorry but you really just don’t understand the LTV. Your initial explanation of Marx’s LTV is literally just the same as Ricardo’s and is the exact thing that Marx was critiquing in Capital
@jason_pontin@alexolegimas@ygzgzot We’ve said nothing about “good guys and bad guys”, you’re projecting that onto us. Marxism doesn’t moralise about the actors involved in the process, it looks to explain why classes have contradicting interests and how their actions are a product of capitalist social relations.
@alexolegimas@jason_pontin@ygzgzot Bc there was no battle lmao. Marginalists just decided they could ignore what they didn’t understand by calling it subjective and moving on. Marginalism can’t explain how capitalism reproduces itself on an ever expanding scale precisely bc it ignores SNLT as the regulating factor
@jason_pontin@alexolegimas@ygzgzot Yeah man you’re still missing the point. Those modern models may be correct for what you use them for but they only represent surface level phenomena. Marxism is focussed on why the whole capitalist process is possible and why it plays out the way it does
@jason_pontin@alexolegimas@ygzgzot I think everyone has already told you why you're wrong so I'll just say that you should be embarrassed to post this so confidently while having very obviously not engaged with the subject matter in question at all
@jason_pontin@alexolegimas@ygzgzot The dude I was replying to said Marx “took” the LTV from Ricardo, which is incorrect because the connection between them is that Marx CORRECTED Ricardo’s theory.
Would you be able to explain why you think that marginalism refutes Marx?
@alexolegimas@ygzgzot@jason_pontin If you think that Marx and Ricardo have the same LTV you might need to go back and read Capital again lmao. Also, marginalism doesn’t do nothing to disprove Marx
@blogboynick@FrankMcRae Yep, those lefties are such idiots. If only Kamala had been in power sometime in the last 5 years. Then she’d have been able to do something to stop this
@sonofthecobra@RTSG_Main@DrLeoMarvin5 This doesn’t prove anything lmao. Proles are not only those who are the most key to a revolution. If that’s what you guys wanna talk about then do it, just don’t try to twist the meaning of a very basic word