this post was submitted on 22 Feb 2025
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[–] [email protected] -4 points 22 hours ago (1 children)

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.

[–] [email protected] 4 points 16 hours ago* (last edited 15 hours ago) (1 children)

In what manner is Marx's Law of Value wrong?

[–] [email protected] -2 points 9 hours ago (1 children)

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

[–] [email protected] 3 points 9 hours ago

Can you provide an example?