@RedFrontTweeter@2i3jufiwjeqcin@TheDanteMunoz I don't know where to start... at some point I should just tell you to go read a book... Management does not extract surplus value except to the degree that they are also shareholders, which is rarely significant. There is some complexity here but I doubt it is fruitful
@RedFrontTweeter@2i3jufiwjeqcin@TheDanteMunoz Where do you imagine the surplus value is extracted... Again other than that taken by retired employees who I concede are exploiting their working comrades. (Though most agree with this, for fairly obvious reasons)
@lookingforgames@havi_high_one >Mainstream economists have already shown Marxian LTV to be useless and incorrect.
It is empirically correct, of course. Very inconvenient, but the priests of capitalism don't let that bother them.