Let me begin by congratulating Allin on the most
articulate and well-reasoned defense of the labor theory of
value that I have seen. I note that at its core are three
arguments: a) labor is the most "socially important" factor
of production (I agree), b) empirically LTV works not too
badly
Let me begin by congratulating Allin on the most
articulate and well-reasoned defense of the labor theory of
value that I have seen. I note that at its core are three
arguments: a) labor is the most "socially important" factor
of production (I agree), b) empirically LTV works not too
badly
