What is Nostr?
freeborn | ελεύθερος
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2024-06-03 18:32:15
in reply to nevent1q…dk6c

freeborn | ελεύθερος on Nostr: I would gently encourage you, then, to keep reading Rothbard. Because so far, you've ...

I would gently encourage you, then, to keep reading Rothbard. Because so far, you've missed one of the most important economic lessons in history: value is subjective and on the margin, and has zero to do with "labor inputs." Thus the entire Marxist narrative about "stealing the value of labor" falls flat on its face. As it should (in theory), and as it has (in practice, hundreds of times).
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