NO, LABOR IS DEAD WEIGHT NOT VALUABLE Thats nonsense, since all the money in the

NO, LABOR IS DEAD WEIGHT NOT VALUABLE

Thats nonsense, since all the money in the world will eventually find someone to do the work.

Empirically, we pay people in proportion to how many people (or what materials) that they organize. This is irrefutable. So the market calculates labor as nearly valueless. And differences in compensation between states a reflection of stages of development (choices of labor.)

In other words, we pay people according to their vaue and their value is in ordganizing people and things to produce stuff that others will pay for having organized people and things.

Labor flees to cheap countries with unskilled people for precisely the reason that it is of no value.

Marx died knowing he was wrong. He’d read Menger and understood he’d failed. He just couldn’t tell Engels or he’d starve. We know that because we can see his notes and when he stopped writing. He stopped writing when he understood his entire edifice was built on falsehoods.

The dirty secret of history is that those civilizations that produced the most eugenic agrarianism created the highest standards of living. Labor is not only valueless it’s dead weight. If you cannot organize people and things you are not valuable.