Scarcity is part of his system ... The LTOV is a model depending on relative equilibrium of supply and demand.Originally Posted by Gipper
It did address ability and availability, which is why he made sure to calrify with "socially necessary labor time." Its also only meant to be applied to commodities.
YOu have to read Marx in the context of Smith and RIcardo ...
A: Marxism IS NOT NORMATIVE ECONOMICS ... IT IS POSITIVE ECONOMICS ... (which is why Marxists of different stripes, although they all agree on the basic analysis of Capitalism all have different ideas of how to resolve the issues).Originally Posted by Gipper
B: There is nothing in any form of socialism that assumes no more greed, all it does is change the incentives ... Also most advances in science, technology or medicine have been publically funded on not made for profit ... after they were made the advances were taken by privatte industry to make a profit.
the sentimentality changes the supply and demand ... you can't predict those things in economic theory.Originally Posted by Gipper
Ok ... You obviously havn't read Marx's Capital ... or if you did you obviously did'nt understand a single word of it ...Originally Posted by Gipper
Marx goes to great leangths to explain "use value" and "socially necessary labor time" and the fact that it requires a market ...
No never said just labor for the sake of labor creates value ... He's talking about the labor put INTO commoditites, not valuing the labor itself, but valuing the commodity ... Also commodity assumes a market ...
These are all rediculous strawmen.
(BTW, the LTOV isn't even necessary for Marx's economic analysis)
He was a philosopher as well ... and many Marxists that support his economic analysis (like me) ignore his philosophy and consider it not necessary, (as I do). His economic analysis have STILL not to this day been refuted (other than by using strawmen versions of it), and were expanded on ... and actually came to fruition as time went on.Originally Posted by Gipper
Government is also the biggest aid to entry ... (loans, public infastructure and so on) .... The real barriers to entry are simply market based, notice you said the qualifier "if you had the money" ... exactly, if you have the money you can do anything ... but thats the point.Originally Posted by Gipper
Of coarse they can enforce their own laws ... why not?Originally Posted by Gipper