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submitted 9 months ago* (last edited 9 months ago) by [email protected] to c/[email protected]

Especially in the modern context in the year of our lord 2024. Is it relevant? What do I need to know about it ?

EDIT : Thanks everyone for this really informative thread.

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[-] [email protected] 8 points 9 months ago* (last edited 9 months ago)

Yes, that's true. The calculation includes real estate "value", or rather prices, which are highly distorted and far removed from value based on labor power. But what would a more Marxist analysis look like and what would it's likely outcome be? Complicated concepts like absolute and differential ground rent from Capital volume three get involved, if you really want to do it thoroughly.

this post was submitted on 08 Sep 2024
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