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npub1964…hftf
2024-01-11 19:03:18
in reply to nevent1q…pklh

npub196…5hftf on Nostr: I like Richard Wolff, at least he is well read on the theories he expouses. However, ...

I like Richard Wolff, at least he is well read on the theories he expouses. However, the issue with the labor theory of value, besides the fact that value is subjective, is that it doesnt talk about the value in taking up the risk of starting/running a company. Thats why the workers denied Milei when he offered to turn the "state run" Aerolineas Argentinas into a worker owned cooperative, because they want to be absorbed from the risk.
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