freeborn | ελεύθερος on Nostr: Nearly all forms of modern collectivism (a la Marxism) are built on the "labor theory ...

Nearly all forms of modern collectivism (a la Marxism) are built on the "labor theory of value," which is bunk. Destroy this foundation and the entire edifice comes crashing down.

Rothbard, [An Austrian Perspective on the History of Economic Thought](https://mises.org/library/austrian-perspective-history-economic-thought)

#liberty #Marxism #economics #Austrian