Ricardo didn’t even come up with the Iron Law of Wages, that was Lassale. Marx and Engels critiqued the Iron Law of Wages.
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Replying to @ORGONEACCUMULA1 @MorlockP
That's controversial, on both counts.
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Replying to @Outsideness @MorlockP1 reply 0 retweets 0 likes
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Replying to @ORGONEACCUMULA1 @MorlockP
"It is well known that nothing of the 'iron law of wages' is Lassalle's except the word 'iron' ..." -- Great start.
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... "... the scientific understanding that wages are ... only a masked form for the value, or price, of labor power." Value or price. "But ... but ..."
@wokeytliberal3 replies 0 retweets 1 like -
Wages are different to prices and value of other commodities
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Completely different point you're desperately clutching at now, but never mind.
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It’s not a completely different point because you chose a quote about wages
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You've backed so deep into pure sophistry at this point, it's hard to follow. Are you saying that "price" and "value" only coincide in labor markets? ...
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If price=cost of production, daddy, how come firms don’t die off immediately
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No idea even what you're misreading at this point.
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