/lit/ - Literature

Anonymous Tue Dec 22 14:35:42 2020 No.17092756 [View]
File: 213 KB, 730x952, Karl Marx Illustration portrait Porträt retrato drawing desenho Zeichnung dibujo dessin Karikatur caricature Pascal Kirchmair.jpg [View same] [iqdb] [saucenao] [google]

I'm reading Das Kapital, and his theory of value just seems wrong. 20 linen = 1 coat, but isn't that subjective to the society? If everyone starts to think that coats are amazing, then it might be 40 linen = 1 coat. And if there is some objective value based on the amount of labor put into the commodity, why should we care? That is not how most people look at value. I understand what he is going for, but it just seems obviously wrong. I've heard some defenses of LTV, but they all seem to exist in some philosophical vaccuum that does not matter at all in the real world.

Are there any good books, videos, or articles that could successfully defend it? I am sympathetic to Marxist theory, but this has left me disappointed.

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/lit/ - Literature

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