this post was submitted on 13 Sep 2024
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Another valuable life lesson from Elmo and friends! (lemmy.world)
submitted 2 months ago by return2ozma@lemmy.world to c/memes@lemmy.ml
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[โ€“] Cowbee@lemmy.ml 6 points 2 months ago (1 children)

You are indeed using SVT, where Value simply means a good is useful. We aren't talking about the same thing.

[โ€“] OurToothbrush@lemmy.ml 2 points 2 months ago

"Subjective value theory" as opposed to marx's "theory of value" which is sometimes mistakenly referred to as "labor theory of value" actually an earlier development that Marx refined into his own theory