/biz/ - Business & Finance

>>17674125
Commies get the rope

/leftypol/ reading list LEVEL 2... for taking Marxist theory into the real capitalist world

https://careers.mcdonalds.com/main/

>>17674125
Based alternate to toilet paper. Thank you, OP.

>>17674125
Quick, who gets to decide the price of products?

what an utter waste of time
t. /lit/

>>17674125
If Marxists believe:
>markets are inefficient
>they understand economics better than everyone else
Why aren't they all rich?

>>17674172
Nice

>>17674125
Kindly fuck off back to r*ddit

>>17674243
The producer?

seriously tho marxists have been doomposting about "THE FINAL STAGE OF CAPITALISM" since at least the 1910s. it is clear they have no ultimate sense for predicting the future even though doing that is the entire basis of their ideology

>>17674125

>>17674125
Kys you disgusting sub-human degerate trans nigger faggot.

>>17674172
Kek

>>17674243
In a free market the consumer. Under socialism the consumer, but illegally.

>>17674125
This is biz kys pol faggot,

>>17674253
marxists don't need to understand that markets or the economy better than anyone else, they only need to recognize the gears that are in motion.
if they personally become rich, that won't stem the flow of the tide of history.

>>17674144
>>17674172
>>17674219
>>17674243
>>17674248
>>17674253
>>17674262
>>17674282
>>17674298
>>17674305
>>17674324

>>17674243
your question has a false premise

>>17674125
I think of a few better ways to solve an economic crisis.

>>17674385
It's literally the producer but that doesn't even fucking matter to the LAw of value, kek.
Producers set prices in relation to the cost of labor.

>>17674361
Afraid of retarded people, yes i am.

>>17674389
This but less authoritarian and more guns so people can protect their own private property from commies.

>>17674125
the only good commie is a dead one.

Get the fuck off my board you degenerate faggot

>>17674172
Didnt see it comin anon
You got me good lmao

>>17674389
Pic related.

Jannies please escort this fellow over to /pol/. This thread has nothing to do with my magic internet monopoly money.

>>17674288
Why doesn't McDonald's set the price of the Big Mac up to US$100 then?

>>17674448
SEETH PORKY SEETH

>>17674455
Because no one makes that much money in the economy, duh. They have to set prices in relation to what people can pay; or, are paid.

>>17674490
So they set the price, but they have to take into account the value that their clients give to their bigmacs, the demand for them, and their capacity and cost to produce them including labor costs.
It's almost like it's the market who sets the price of products.

>>17674385
Which is?

>>17674361
Brah... were not afraid, by all means, proceed; however, you're just going to regurgitate the same information that soap box orators have been screaming in people's faces since the dawn of the industrial age.

There's a reason why this ideology only takes hold in agrarian societies with single digit literacy rates, and amongst college kids who want to grow up to be socialist magazine editors after the revolution.

>>17674411
>cost of labor (and materials and what they can get for the product)

Fuck /leftypol/
t. /leftpol/

>>17674411
>Producers set prices in relation to the cost of labor.

hahahahahaha

>>17674514
What you morons fail to understand is that with out labor there is no economy; Labor is the central focus of all economic relations. Speculation outside of labor costs are irrelevant to the theoretical understanding that labor is the central metric by which all other values fluctuate.

If you take labor costs and price probability you will see very high correlations at equilibrium. This has already been demonstrated by people like Cockshot. Labor determines the prices of everything. Wether you like it or not, because, with out labor there is no market, there is no commodity, there is nothing.

That is why your precious little stock market is about to experience economic collapse. Because your economy is not built on real material gains. it is built on the speculation of fictitious capital on wall-street.