Thing Karl Marx never considered: Value

Marx failed to consider the very thing, he, wrote thousands of pages about. Tragic really.

Marx famously wrote the communist manifesto while sleepwalking, and later had no memory of the event

Conservatives believe value is pulled from the aether by priests who are capable of communing with factories.

The crazy fuckin thing is this is what they're accusing socialists of doing in the comments:
All of that sounds like it is intelligent, but the premise that value is in the object rathet than of the object makes it entirely moot.
There was more than one comment like this. Everything they say is further proof they've never once read a book and understood it, much less any socialist literature. Otherwise they wouldn't say shit like this knowing it's yet another essential concept in Kapital.
- What gets me is how they don't consider reading socialist theory, even just as opposition research. You'll find plenty of socialists who have read economists like Keynes and Rothbard, politicians like Obama and Bush, or even nonsense like Mein Kampf and the Unabomber manifesto. I know I've read these authors, not believed a word of it, but took the time to understand what they were saying and what arguments they were making.
  You don't see this among liberals and reactionaries post-Cold War. They're so high on the End of History narrative, they no longer feel the need to do any due diligence. Condoleezza Rice, for example, has a degree in Soviet Studies. It's why she rose through the ranks of the GOP: she was one of the foremost experts on communism from a NATO perspective. But she's been tossed aside, with everyone jumping on the Trump Train.
  You'd think they would consult her regarding the current Russian-Ukrainian War or something....nope! Degrees are for nerds (plus she's black).
- Am I the dumb one here but that doesn't make any sense lmao. Really magical thinking on their part
Conservatives think that value is pulled by the heroic owners like teeth from the unwilling, slothful, slovenly working class, and Im starting to realize that when I point out to them that wage labor under capitalism is inherently exploitative by forcing one to work for their survival needs they think this is a good thing
- it benefits them == it's good
Is this the Shadow Money Wizard Gang I've heard so much about?

My first journeyman to this day argues with me that Canada is socialist and if we were capitalist like America we would be way better off.
I think at this point he's fucking with me because this person is otherwise one of the smartest people I know
- I couldn't even tell I was in a different country most of the time I was in Canada

A fundamental weakness of socialism is that they don't understand that exploiting WTO enforced 0% import-fees implemented by SAPs and designed by the IMF to keep them in a debt-trap after a deal made with a dictator installed after CIA backed coup, I sell a pallets worth of pencils back to the company running our sweatshop in that poor country (where we pay the men $1/day (and that's only possible because women do all the other social work for "free" at home)) but I charge $1k per box of pencils so I can transfer all the profit made by them to our European office and this is actual how the value is created. Also, they don't even need pencils.

He knows all about what makes value, and understands history and how it unfolded, proving him right again and again. Marxists have never really thought about value before, and history? Marxists have been shown to be wrong over and over again. It's just history, Marxists, sorry if you don't have any framework to understand it.

This one is really causing me to twitch. Usually this kind of thing doesn't get to me, but the deep smugness behind the sheer ignorance, the smarmy certainty in their beliefs that are the exact absolute opposite of reality - it doesn't get more pure than this.

That post is nothing but circular logic holy shit. "CEOs create value and we know this statement is true because CEOs said so. You Marxists don't understand history."
- "i'm paid to suck off CEOs" "i'm paid to suck off CEOs" "i'm paid to suck off CEOs"
  see he's creating value
"Clever argument! But you failed to consider the fact that I'm capable of just repeatedly asserting that I'm right until you find greater value in destroying your computer with a hammer and living a life of solitude in the wilderness."
: “If you love experts and the exceptional so much, then perhaps The Experts^TM are right about both climate change being real and also racism being for stupid people?”
: “Not THOSE experts! Economics is the only academic field that deserves respect!”
: “The Experts^TM in economics also say income inequality is bad.”
: “FUUUCK YOU! wall of text akin to something Sephiroth would say”
Right wing? More like the wrong wing, am I right?

The lazy bourgeois economist's "takedown" of Marxism inevitably rests on dodging the arguments, because if you take Marxism dead-on they get bodied.

I've never seen a more pristine example of a straw man, let alone in the wild. Value is fundamental to what constitutes Marxist theory. It's like claiming Garfield hates pasta. Even beyond the strawman, I'm reminded of this quote

"I am, somehow, less interested in the weight and convolutions of Einstein's brain than in the near certainty that people of equal talent have lived and died in cotton fields and sweatshops" - Stephen Jay Gould

At which point ~~he's~~ the OP, Nick Tyrone, is going to pivot to "Capitalism lifts people out of poverty" and "it's not 0 sum" and "it's not violent, only the state is violent because starvation is a baseline" so the beauty would be wasted on him.

Stephen J Gould was a dipshit? Aw dang it
- Huh? What's dipshitty about the quote? Seems cool to me. He's just saying Einstein probably wasn't super special and would-be Einsteins never got recognition because they were born too poor.
- Is there an issue with the quote? Am I misreading?
"it's not 0 sum"
I know it's not that important, but this really bothers me because it's not just not positive sum, entropy seems to imply that it's negative sum.

Marx for like 3,000 pages: trust me bro, value is just there and we just gotta take it bro

I did not spend hours of my life listening to somebody rant about linen in an audiobook to see somebody say Marx doesn't know what the fuck "value" is

Iteration #90878720 of "Marx failed to consider [something Marx talked about in the first four pages of Capital]"

He has a whole book titled "Value, Price, and Profit" more of a pamphlet, but it's still longer than anything this goober would read
I swear they do this on purpose. The goal is to reinforce to their audience that Marx never said anything of "value" in his work. So CHUDs will repeat that mantra and never actually pick up a book. Which in turn means the actually pretty understandable first few pages of capital will never actually reach them and they'll never understand economics.

we've all heard of the labor theory of value, but how about saturation and hue?
checkmate tankies

Guy has never heard of the labor theory of value, that’s embarrassing.

Someone must have told him about it last night because his most recent tweet sez:
"To all the socialists: the labour theory of value, posited by Marx, is total horseshit. Reality has disproven it again and again."
- Despite liberals best efforts, I have yet to see a capitalist turn a tree into a chair by only throwing money at it.
- 😂 if labor didn't create value, why would anyone labor or pay someone to labor?
- 🤣

is this an example of a valuable idea created by a talented person?

what value, Gentle Nicholas, did the market assign this valuable idea? surely it is worth millions upon millions and yet you have chosen to give it away, like a turd-eating child of fools.

clearly you should keep these gems to yourself and only exchange them, quietly, with the wealthy aristocrats that can afford the splendor of your mind-diamonds.

Capital volume 1 chapter 1: still managing to foresee and address reactionary “got-ya” moments 158 years later.

Talented people with ideas? Clearly, he must be referring to workers.

Sorry, the idea is money. Also the talent is money. Also I get all the value because I had the money.
The talent of being born to a rich family

Um, actually, Marx never wrote about "value" at all. He does have a bunch of texts about something called "Wert," which if I'm not mistaken is a non-cancerous form of viral growth usually occurring on the hands or feet.

Actually it refers to the infusion of ground malt that is the root of beer prior to fermentation.

This really is an incredibly pure gem of ideology

“All value is caused by your betters determining it is worth something! And your betters all determined what they have is valuable and you aren’t!”

Holy appeal to authority, batman. Who wants to tell them being condescending is not a good substitute for evidence?

This is why i will never like free speech, people with absolutely 0 knowledge in a subject say things with all the confidence in the world.

This guy is staggeringly easy to disprove. It's no argument at all for having reasonable free speech protections that even let people be dumb.

the value of healthcare and housing is non-obvious to the people, you need innovation. Which is why i'm launching my rent price derivatives in la on the blockchain, so that people can reduce exposure to housing prices

We should be more forgiving. Nick Tyson clearly finished reading volumes 1-3, but forgot the first half of vol 1 as it was at the beginning of his journey.

Fuck AI slop, obviously, but the “Grok is this true” schtick is fast becoming a guilty pleasure

The labour theory of value: The value is just... like... there man. It has nothing to do with going to work and doing labour.

No wonder the idea guy is always asking for 50%

And he ends the statement with a sprinkle of great man theory

[anti communist preacher voice] Karl Marx was always talking about the labor theory of value, but what we need today is to return to family values

Faker Theory of Value

That beard is not hidding anything, Nick

Spoiler: It's a Hitler mustache under the beard.

Continued Nick Tyrone:

For example, a talented person can turn linen into a coat, so let's assume that 20 yards of linen = 1 coat as a base and explore how this talented person is incentivised via wages according to the degree of exploitation at their workplace.
Tweet 2/12 805

These people are so stupid

At least he said “value comes from … people” I guess!