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@nicole_clash Profits don't exist anymore

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@BenAksar @dirtydangler58 @RedCommieD @RockChartrand That's because nature alongside labor adds values. Some land is better than other. Marx doesn't say only labor creates value. Labor with nature do

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@BenAksar @EOutoa @RedCommieD @RockChartrand No Marx wouldn't believe that. Nature adds value as well as labor. So the house in a nicer location is priced more, however the cost of its material have the same value. Most of you retards don't know the difference between value and price.

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@Objectobot Henry Ford was a socialist because he was an industrialist

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@orion8137244788 @BobTheMutant @Rothmus Another retard. Charging rents that steal from the real economy is parasitic rentierism/landlordism. Landlords and creditors don't buy labor, they own assets that others utilize and take from the profits of industry and labor. The creditor banking elite is a parasite.

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@GmeHands @BobTheMutant @Rothmus I'm not talking about buying labor. I'm talking about banks and creditors and people like epstien who promote deindustrialization and financialization thru rent seeking and debt. Banks control the industry economy and investors via rents steal from the profits of industry/wages.

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@EOutoa @BenAksar @RedCommieD @RockChartrand But what is the baseline willingness to pay based on? The cost price of production, the value of the labor imbued in the commodity. Price fluctuates around value, until monopoly and fiat currency debasement which in that case yes price can be greatly misaligned with its value

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@BenAksar @EOutoa @RedCommieD @RockChartrand Labor?

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@dirtydangler58 @BenAksar @RedCommieD @RockChartrand This is all account for in classical economics/Marx. Yes people pay more for local, because land is a factor of production that varies in quality. Subjective appreciation does go into price, but cost of production i.e., intrinsic value is supplied by Labor only.

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@LowLifeInk1 @demsocjohnbrown @MentisWave Adam smith is a socialist then, because he literally believed the "natural tax" base should be land, and that rentiers and landlords should be taxed out of existence to make room for government subsidised industry. A free market means free from rents(source Adam Smith in Beijing)

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@BenAksar @RedCommieD @RockChartrand Value has nothing to do with subjectivity in marxist economics. Value = cost of production price = market price

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@nondescriptlurk @Rothmus A random tweet should be required reading. Fuck y'all are a bunch of retards

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@OrraObserves @Rothmus USSR and China built their societies from scratch basically. You're historically illiterate.

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@BobTheMutant @Rothmus That's actually called rentierism and both Adam Smith and Karl Marx and basically every classic political economist was against the landlord/rentier class. Now in the modern world rentier capitalism is the dominant system which, yes, steals from the productive i.e., wages/Profits

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@scottyminotaur @Rothmus Communes isn't communism just like a simple market (as in a physical market place) isn't capitalism. U had markets even under Stalin. Suggesting communists start up communes isn't analogous to communism as such, because communism and capitalism are modes of production.

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@rickspanglish @InfraHaz ICE=PEDO EPSTEIN POLICE