this post was submitted on 22 Feb 2025
58 points (88.2% liked)

Ask Lemmy

246 readers
1 users here now

Ask Lemmy community on sh.itjust.works. Ask us anything you feel like asking, just make sure it's respectful of others and follows the instance rules.

founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 3 points 2 months ago* (last edited 2 months ago)

Marx already spoke about artificial scarcity and rent, though. None of that invalidates Marx's critique, they are already accounted for. I think the other user is mixing up Marx's Law of Value with Adam Smith's Labor Theory of Value.