Instigator / Pro
14
1617
rating
21
debates
73.81%
won
Topic

the Marxist "Labor theory of value" is incorrect.

Status
Finished

All stages have been completed. The voting points distribution and the result are presented below.

Arguments points
6
0
Sources points
4
2
Spelling and grammar points
2
2
Conduct points
2
2

With 2 votes and 8 points ahead, the winner is ...

Patmos
Parameters
More details
Publication date
Last update date
Category
Economics
Time for argument
Three days
Voting system
Open voting
Voting period
One week
Point system
Four points
Rating mode
Rated
Characters per argument
20,000
Contender / Con
6
1448
rating
17
debates
32.35%
won
Description
~ 554 / 5,000

The Labor Theory of Value states that the economic value of a good or service is determined by the total amount of "socially necessary labor" required to produce it.

Rules.

1. Forfeit=autoloss
2. No new arguments in the final round from either side.
3. BoP will be shared between debaters. Each side must attempt to prove that their position is correct.

structure

R1. affirmative constructive and negative constructive + rebuttal.
R2. Affirmative and negative rebuttals
R3. Affirmative and negative rebuttals
R4. Rebuttals, final focus, and summary.

Added:

Looks like a really good debate. I have sadly been too burnt out lately to put time into voting.

Added:
Contender
--> @Patmos

Yes.

But were Marx's economic assumptions (Labour Theory of Value) rooted in socialist idealism rather than in pure economics.

Added:
Instigator
--> @zedvictor4

incorrect as in it is rooted in false assumptions about market forces relating to how prices are set.

Added:
Contender
--> @Patmos

Incorrect, simply as in an unworkable hypothesis? That is to say a flawed philosophy from the outset.

Or an incorrect hypothesis in light of what we can conclude from experience? based solely upon economics.

Marx the philosopher, economist or pretender?