this post was submitted on 09 Nov 2024
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chapotraphouse

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[–] vovchik_ilich@hexbear.net 38 points 8 months ago (7 children)

rising labor costs

cost of goods go up

I smile when I encounter the Labour Theory of Value

[–] DragonBallZinn@hexbear.net 34 points 8 months ago (5 children)

MFW people who argue that we should not raise the minimum wage or else consumer prices will go up ironically argue for the Labor Theory of Value.

[–] RNAi@hexbear.net 16 points 8 months ago (4 children)
[–] RuthlessCriticism@hexbear.net 13 points 8 months ago

Basically every economist, including 'Marxian' ones.

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