quote:Originally posted by Sol System: My implication was not meant to be along the lines of "I too am reading things published in that famed year of turbulence." but rather "I too am stuck studying 19th century Hegelians."
Ah, right, ok.
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Registered: Feb 2002
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quote:Originally posted by The_Tom: Well, don't mind me, then. I just study the stuff.
OOH.
In that case, do you think Marx is correct when he states that use value can be completely omitted from his derivation of exchange value?
Because it seems that not only can use value be quantified, (marginal utility) but it is the primary force in determining the market value of goods.
If you work for forty years on making the perfect widget, but a widget which no one has a use for, the cost of your labor is irrelevant.
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Registered: Mar 1999
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Cartman
just made by the Presbyterian Church
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posted
Of course, many "useless" widgets invented over the past two centuries have actually turned out to be quite useful, but hey...
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Registered: Nov 1999
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posted
Well, of course. Those are the ones you've heard of.
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quote: If you work for forty years on making the perfect widget, but a widget which no one has a use for, the cost of your labor is irrelevant.
In either 'ism' this is about right, you have to provide an item that is at least useful to someone, in order to recoup your loss in, at least, time. Ask any starving artist....
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