this post was submitted on 13 Sep 2024
1 points (100.0% liked)

Memes

45339 readers
141 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[โ€“] Cowbee@lemmy.ml 0 points 3 weeks ago (1 children)

You are indeed using SVT, where Value simply means a good is useful. We aren't talking about the same thing.

[โ€“] OurToothbrush@lemmy.ml 0 points 3 weeks ago

"Subjective value theory" as opposed to marx's "theory of value" which is sometimes mistakenly referred to as "labor theory of value" actually an earlier development that Marx refined into his own theory