(no subject)

[timelets]

...the claims that somehow labour is responsible for the creation of value, and that profit is the consequence of exploitation, remain intuitively powerful, even if they are difficult to establish in detail.

https://plato.stanford.edu/entries/marx/

Counterintuitively, government subsidies to attract business investment suggest that labor has negative value.

Comments

[juan_gandhi]

Good point! Have to think about it.

[timelets]

The potentially negative value of labor is much more obvious in startups where the possibility of hitting a dead end is quite high.

[juan_gandhi]

Regarding startups, we must keep in mind that it's a good training for everyone.

[timelets]

Of course. That's why VCs charge workers for the education opportunity :)

[juan_gandhi]

They do? Oh, ok, kind of.

[timelets]

Just kidding.