Karl Marxs Theory Of Surplus Value Video
What's Up With Capitalism? A Marxist Perspective Karl Marxs Theory Of Surplus Value
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Argument: The capitalist got the idea so he should get a share. Response 1: This is not true at all. Starting a business does not require an idea at all. In a market based society, usually there are a dozen companies selling the same product which compete for a lower price and more customers, therefore the capitalist does not deserve any share.
Argument: The capitalist manages the business, so he gets a share.
Response 1: Sure, but it's not necessarily true that the capitalist managing the business added any value to the business, the workers could have done it themselves. There is research that proves that worker co-ops where the workers democratically make decisions instead of a dictatorship of the capitalist in the business are more productive. Response 1: The labor theory of value says that the value of a commodity is determined by the amount of socially necessary labor that's put into it.
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A commodity has to have a use-value and a social want for it. Since mud pies do not have a use-value, they do not apply to the labor theory of value. Response 2: Marx clearly said in Das Kapital "nothing can have value, without being an object of utility. If the thing is useless, so is the labour contained in it; the labour does not count as labour, and therefore creates no value.
Therefore the LTV still stands. Response 3 You can combine this with Response 1 or Response 2 :.]
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