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.

[–] archomrade@midwest.social 1 points 11 months ago (1 children)

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.

[–] Prunebutt@feddit.de 1 points 11 months ago

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.

[–] feedum_sneedson@lemmy.world 1 points 11 months ago (1 children)

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.

[–] Prunebutt@feddit.de -1 points 11 months ago (1 children)

I think you've misunderstood what a model is.

I generally educate myself by reading, rather than watching YouTube. I'd prefer not to continue this conversation.

Thank youfor the ableist, condescending comment. /s

[–] feedum_sneedson@lemmy.world 0 points 11 months ago

no worries fam