Right. You're discrediting the Labor Theory of Value, variations of which are en... | Hacker News

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WalterBright on Jan 11, 2012 | parent | context | favorite | on: This photograph is free

Right. You're discrediting the Labor Theory of Value, variations of which are endlessly seductive and are always creeping back in as The Way Things Ought To Be.

Drbble on Jan 12, 2012 [–]

The Labor Theory only kicks in in reality when sufficient competition exists on the supply side.

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