Absolutely, and this post is highly simplified. The reason I’m bringing Marx into this is that many other commenters have been saying that this is effectively an oversimplification of Marx’s Labour Theory of Value, and I’ve been trying to examine communism, socialism, and other theories of governance in an effort to be an informed citizen of the world, as you say, working toward a solution. I firmly believe that, if you don’t have that solution worked out before you begin, you end up just playing catch-up. So, I’m asking the Marxists ITT to help me understand the nuances of the Labour Theory of Value. I recently read about several communes which replaced money with the promise of labour, or the evidence of labour in the public good, and I like the idea, but I want to understand the nuances of how such an upending of economic theory would work. I really want this boat to hold water, so I’m trying to find any potential leaks before we set it adrift on a roiling sea.
Absolutely, and this post is highly simplified. The reason I’m bringing Marx into this is that many other commenters have been saying that this is effectively an oversimplification of Marx’s Labour Theory of Value, and I’ve been trying to examine communism, socialism, and other theories of governance in an effort to be an informed citizen of the world, as you say, working toward a solution. I firmly believe that, if you don’t have that solution worked out before you begin, you end up just playing catch-up. So, I’m asking the Marxists ITT to help me understand the nuances of the Labour Theory of Value. I recently read about several communes which replaced money with the promise of labour, or the evidence of labour in the public good, and I like the idea, but I want to understand the nuances of how such an upending of economic theory would work. I really want this boat to hold water, so I’m trying to find any potential leaks before we set it adrift on a roiling sea.