SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics for Pros- moderated
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: LindyBill who wrote (22963)1/6/2004 3:02:41 AM
From: D. Long  Read Replies (2) of 793706
 
The root of it all was Ricardo and his argument that the value of a good is determined by the labor expended in its manufacture. So, as the early Socialists argued, then labor should reap the benefits, and "surplus value" is a sin.

The problem with this leap, is that it assumes value is derived from mere muscle power. It is like claiming that the ox that pulls the plow is the fount of agriculture. If only the ox could get rid of the farmer, there would be perfect social justice.

That is, of course, nonsense. And it is nonsense that has cost 100 million human lives in the 20th century.

Derek
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News