this post was submitted on 07 Dec 2023
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And what's that reasoning, if not based on ideology?
I really suggest watching unlearning egonomics video on the matter. I'm a leftist and mostly agree with Marx, but the LTV is a model and should be treated as such.
Because at its core, a commodity is comprised of natural material and the labor that transforms it into something with use value. It isn't an ideological statement to say a commodity is only a commodity by the labor that creates it, it's just a statement of fact.
Reducing value to nothing but commodities is already a very ideologically charged act. We were talking about value before. The value of commodities is only a subset of what counts as value.
I believe you have fundamentally misunderstood LTV. It's a observational model rooted in objective, material reality - hence historical materialism.
I generally educate myself by reading, rather than watching YouTube. I'd prefer not to continue this conversation.
I think you've misunderstood what a model is.
Thank youfor the ableist, condescending comment. /s
no worries fam