• Prunebutt@feddit.de
    12·
    1 year ago

    An LTV analysis begins with such workers because they are the original contributors of surplus value that is appropriated by the ownership class.

    And what’s that reasoning, if not based on ideology?

    I really suggest watching unlearning egonomics video on the matter. I’m a leftist and mostly agree with Marx, but the LTV is a model and should be treated as such.

    • archomrade [he/him]English
      1·
      11 months ago

      Because at its core, a commodity is comprised of natural material and the labor that transforms it into something with use value. It isn’t an ideological statement to say a commodity is only a commodity by the labor that creates it, it’s just a statement of fact.

      • Prunebutt@feddit.de
        1·
        11 months ago

        Reducing value to nothing but commodities is already a very ideologically charged act. We were talking about value before. The value of commodities is only a subset of what counts as value.

        • archomrade [he/him]English
          1·
          11 months ago

          No you’ve misunderstood. Value exists, objects exist, and we can imbue objects with additional value through labor, but value isn’t a commodity.

          Use value is only one type of value, it doesn’t represent all value.

    • feedum_sneedson@lemmy.world
      21·
      11 months ago

      I believe you have fundamentally misunderstood LTV. It’s a observational model rooted in objective, material reality - hence historical materialism.

      I generally educate myself by reading, rather than watching YouTube. I’d prefer not to continue this conversation.

      • Prunebutt@feddit.de
        12·
        11 months ago

        I think you’ve misunderstood what a model is.

        I generally educate myself by reading, rather than watching YouTube. I’d prefer not to continue this conversation.

        Thank youfor the ableist, condescending comment. /s