MentisWave Doesn't Understand Labor Theory of Value

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MentisWave is a self-described Right-Libertarian Youtuber who made a video attempting to debunk through two different hypotheticals the validity of the Labor Theory of Value. In this video I explain where he err'd and what the Labor Theory of Value actually is.

Marxism isn't about moralizing, it's about objective evaluation of political-economy.

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Just one point of criticism: at the very end, you say that capitalists sell goods for "more than their actual value". That isn't quite true; surplus value comes from capitalists using labor-power and thus adding socially necessary labor, because the labor contributed by that labor-power's use is greater than the labor it takes to sustain that labor-power. The capitalist can sell his products for the right value, but that value will always have necessary labor—which goes to the worker as wages—and surplus labor—where surplus value comes from.

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