Instigator / Pro
14
1588
rating
23
debates
67.39%
won
Topic
#1765

the Marxist "Labor theory of value" is incorrect.

Status
Finished

The debate is finished. The distribution of the voting points and the winner are presented below.

Winner & statistics
Better arguments
6
0
Better sources
4
2
Better legibility
2
2
Better conduct
2
2

After 2 votes and with 8 points ahead, the winner is...

Patmos
Parameters
Publication date
Last updated date
Type
Standard
Number of rounds
4
Time for argument
Three days
Max argument characters
20,000
Voting period
One week
Point system
Multiple criterions
Voting system
Open
Contender / Con
6
1442
rating
22
debates
34.09%
won
Description

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.

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

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@Patmos

Yes.

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

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@zedvictor4

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

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@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?