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Labor vs. Subjective Theories of Value
Or, "what happened to our analytical economics?"
The labor theory of value states in basic terms that value* is created by the application of human labor to natural resources. Further, natural resources are seen as just as important to the valuation of objects.
The LTV was promoted by Karl Marx, Adam Smith and David Ricardo and the basis for ( Read more... ) -
Proposals for a Reorganized Justice system - Cross-post from RevLeft
There are a few fundamental changes which must come about to create a fairer justice system.
-First, the focus on crime should be around defense of people rather than institutions-Secondly, the barbaric legislation against prostitution, drugs and similar prohibitory transgressions should be removed ( Read more... ) -
AJE: Guantanamo's 'more evil twin'?
Guantanamo's 'more evil twin'?
It is a US-run prison built from scratch on an US military base to hold "enemy combatants" captured in the so-called "war on terror ( Read more... ) -
Inconsistent messages from the West
AJE: Al-Megrahi return to Libya riles UK
Britain has described celebrations in Libya upon the return of the man convicted of the Pan Am Flight 103 bombing over Lockerbie in Scotland as being "deeply distressing ( Read more... ) -
I heard you liked healthcare
This is in response to all the shallow libertarian histrionics going on about the "socialisation" of healtcare:
Uh, no. You do know that the government doesn't intend to ration healthcare. Despite your hysteric rhetoric, it is well known among those who read the news that the government is in fact attempting to exploit the untapped healthcare ( Read more... ) -
Norman Finkelstein, Wolf Blitzer and Martin Jenco and the Ideology of Love / Agape
The 1989 DiscussionFinkelstein offers a curt, unapologetic defense of the Palestinian cause - by the end of the discussion, the roars of applause show that he got through to the audience ( Read more... ) -
The Numbers Game
Usually, the numbers are a crude way of ascertaining the facts of any war. But in this case, the numbers tell the story themselves.
B'Tselem:
Update for 18 January '09, morning (GMT+2 ( Read more... ) -
Holding Court on the Eve of the Apocolapyse
So, we have a new prez. We all know he is a right - wing twat. But it's also time for reflection. What did comrade Bush bring to the table? More specifically, how was Bush worse than golden boy Clinton, or our "clean and articulate" black man?
Escalation of the nationalist war on Iraq.
Clinton was responsible for bombing campaigns throughout the ( Read more... )