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Re: Use Value in Marx`s theory

But does a poison ivy field have value? does it have use value or not? [quote user="MatthewF"] Of course if you cut out all the poison ivy (using labor) and then planted wheat (using labor) you would now have a 2nd wheat field that is worth more than the 1st wheat field because of the labor that was invloved... [/quote] And even if the field

Posted to Political Theory (Forum) by Felipe on Thu, Mar 12 2009
Use Value in Marx`s theory

I have a question for austrian economists. How does use value works in marxist and austrian theories? I had a debate with a marxist about the LTV and I use the argument that 1 field of wheat doesnt equal 1 field of poison ivy even if the both use the same labor time, he answered that 1 field of poison ivy doesnt have use value so it doesnt have value

Posted to Political Theory (Forum) by Felipe on Thu, Mar 12 2009

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