this post was submitted on 22 Feb 2025
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Ask Lemmy
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Bro just watched tech billionaires coup the US government and he still doesn't understand the problems with the concentration of wealth.
I'm looking forward to everybody getting red-pilled on Marx in the coming months.
Far too many people have actually studied Marx in academic situations for Marxist economics to ever become mainstream at the very least. The simple fact that the Labor Theory of Value is fundamentally incorrect would be the major problem. We aren't adopting Marxist economics like we won't be going back to a Lamarkian perspective on evolution, because we know it is wrong.
Marxist sociology is what I hope becomes more common.
In what manner is Marx's Law of Value wrong?
There are ways value is created that are absent of labor and Marxist economists have to go to extremes to justify the labor basis of the value. l
Can you provide an example?
At no point have I said that the concentration of wealth isn't a problem.
I have said that it is false to claim democracy and capitalism cannot co-exist. They absolutely can and do in many nations. France is currently both.