tag:blogger.com,1999:blog-2197051945822486684.post4118446095643346144..comments2024-03-29T18:17:34.956+11:00Comments on Thinking Out Aloud: The falsity of the labour theory of valueLorenzohttp://www.blogger.com/profile/00305933404442191098noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2197051945822486684.post-68121147776235263832012-08-19T20:32:25.181+10:002012-08-19T20:32:25.181+10:00Dont think you have understood this at all.
"...Dont think you have understood this at all.<br /><br />"… if then we leave out of consideration the use value of commodities, they have only one common property left, that of being products of labour.<br /> <br />Which is also not true. Commodities also have the qualities of being made of materials (what economists call ‘land’) and by tools (what economists call ‘capital’): labour on its own produces little or nothing. "<br /><br />Here he is talking about common properties not all properties. Marx readily agrees nature - or land if you will - are also constituitive of value. Lastly, how are tools made if not by Labour?Anonymousnoreply@blogger.com