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Re: [Pen-l] The Irrelevance of Workers In Economic Theory



Michael Perelman wrote:
Measuring labor in physical terms is a no-no for economists, suggesting a labor theory of value. Germans had a tradition of looking at labor in physical terms, which the conventional economists denounced strongly. This push to turn from production to circulation goes back centuries.


so then i guess Taylorism is one attempt to turn LTV on its head, by using labor time as a weapon against workers?

Les
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