[lbo-talk] The German Debate on the Monetary Theory of Value

Shane Mage shmage at pipeline.com
Wed Dec 28 12:17:43 PST 2011


On Dec 28, 2011, at 2:50 PM, c b wrote:
> Does creditors' labor really produce as much value as they get paid ?

Why do you ask such a silly question? "Creditors" as such do not labor and so they produce no value at all. They receive their share of the surplus-value produced by the productive laborers, that's all.

Shane Mage

"All things are an equal exchange for fire and fire for all things, as goods are for gold and gold for goods."

Herakleitos of Ephesos, fr, 90



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