/biz/ - Business & Finance

>>25856562
That's a pretty stupid idea considering that marx knew nothing about capitalism.

>>25856720
Stick to investing in speculative bubbles boy

>read basic economics by thomas sowell to become a good communist

>>25856562

ah no worries my mistake i thought this was a thread about haircomb
you know the quantum resistant anonymous token on the bitcoin chain
but i can see thats not what y'all are talking about so i'll leave you too it my bad ttyl

>>25856768
>giving value to the musings of a giganeet

>>25856720
>>25856562
>>25856768
>>25856792
Good thing Marx was refuted by Bohm Bawerk and the Austrians.

Marx was pretty fucking retarded and his theories are useless in the modern economy.

Read Mises.

>>25856720
I think Marx has great ideas on how to structure your management style in regards to controlling your employees

>>25856861
Uh yea...basically this.
Marx is brainlet tier and even a cursory reading of Das Kapital makes that clear.

>>25856902
t. still can't get over the mud pie argument

>>25856902
this, marxism is a literal religious cult

>>25856885
Where to start?
>I ain't gotta explain shit
>book is literally thousands of pages explaining every detail
Oh, but you took something of context which still isn't even wrong if you understand Mises.

Then not to mention that you can't into the irony of proclaiming that a Jew can't decree something and it is just by magic when they clearly can.
I can too.
But Jews can very well.
So...

>>25856962
It was actually in the beginning. Early socialists, Marx was one, used to go to meetings to talk about socialism on Sunday instead of going to church. Was banned early on for this reason

>>25856957
It's more that he literally says the value of something is related to how much labor went into it and he's serious.
Is there a foundational basis where this is somewhat true?
Yes.
Is it possible to extrapolate this?
No.
He's an idiot brother.

>>25856885
>math and logical deduction is wrong because it isn't empirical
This is literally your argument lmao

>>25856957
Marx required that only “socially necessary abstract labor” be embodied in a commodity, but this is just window dressing. Wouldn’t the social necessity of something be on a continuum from useless to extremely useful? Why would there be a hard break between “socially necessary” and “socially unnecessary”?

Spending ten hours piling up dirt could be considered not “socially necessary” and thereby of no value. But the whole concept breaks down when comparing something of little value to something of much value. For example, spending ten hours putting together a box would be considered “socially necessary,” and by this theory the box would embody ten hours of labor. But would that box be worth twice as much a computer that took only five hours to build? By what possible means do we address how “socially necessary” different types of labor are and how valuable they should be considered? And if they are valued differently, shouldn’t the person whose labor is valued higher earn a higher wage? And regardless of their income, shouldn’t they be allowed to invest any money that they don’t need or want to use on consumption immediately?

Quite obviously, the amount of labor put into a product is irrelevant to its value. No one thinks this way when mulling over a purchase, because it’s superfluous to their decision. The value of a product is its subjective value to the end buyer on the open market.


>>25856962
True.

>>25856562
How can you produce goods and riches if you're just going to kill and terrorize every single person in your way?
Checkmate, Moses Mordecai Levi

Marx was a huge kike

Everyone in his family going back k many generations was a rabbi

Communism is Jewish bullshit and defies human nature

>>25857605
>Communism is Jewish bullshit and defies human nature
Commies literally think human nature doesn't exist. They believe in pseudoscience. They don't understand how the human brain works, our instincts etc.

>>25856861
0% of economists or business owners use any if Mises' thoughts

Marxists and MBAs know the same things, the latter just think it is good.

>>25857401
Nigger, you can seriously not expect to extrapolate these sorts of theories into the unpredictable markets. At best, you can like Marx extrapolate social theories for tendencies over history (which he has been proven right about (Tendency for rate of profit to fall))
>>25857473
I suggest you watch a very basic video on Marx on this particular issue, fren

>>25857605
Jews make the best economists. Why shouldn't I listen to them? You sound like a buttblasted aspie

>>25857511
Wrong, that was more Lenin's style. Marx was unironically a bullish neoliberal.

>>25857678
>0% of economists or business owners use any if Mises' thoughts
Now this simply isn't true. Some of Mises's works have become part of mainstream economics, and his student Hayek won a nobel prize based on Mises's works.


>>25857715
Marxist are completely economically clueless and don't even understand supply and demand.

>>25857931
>you can seriously not expect to extrapolate these sorts of theories into the unpredictable markets.
Austrians do this all of the time and predict economic crashes with accuracy. See the great depression, 70s stagflation, the housing crisis.
Marx's predictions have all failed spectacularly.

>Tendency for rate of profit to fall
HAHAHAHAHAHAHAHAHAHAHAHA
OH NO NO NO NO NO NO NO

https://socialdemocracy21stcentury.blogspot.com/2016/02/marxs-tendency-of-rate-of-profit-to.html
https://socialdemocracy21stcentury.blogspot.com/2016/03/the-us-profit-rate-was-abnormally-high.html


>I suggest you watch a very basic video on Marx
I've watched many videos on Marx. The problem is Marxists don't listen to any criticism of Marx. Read Bohm Bawerk and learn what time preference is, you fool.

>>25857931
>Wrong, that was more Lenin's style.
This is also not true. Marx supported violent revolution and authoritarianism to achieve his goals.