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Brief note on the Surplus labor 
theory of value lies. 

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It assumes that volunteers are 
slaves because if I work for 

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someone who say they're disabled
and I volunteer at zero dollars 

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and zero cents an hour to clean 
their house. 

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Well, they're benefiting from my
labor. 

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They're profiting. 
This is ridiculous. 

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But Libertarians, of course 
recognize this as legitimate 

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because the actors involved are 
engaged in a voluntary Exchange.

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Change. 
But the Surplus labor theory of 

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value goes around and says I 
think this person is benefiting 

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more than that other person. 
Therefore exploitation is 

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existing. 
So if there's two people and 

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they're married and the man 
Works eight hours a day and the 

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woman does not work. 
She stays home and watches the 

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kids. 
Well, she's getting a house and 

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she's getting food and she's 
getting clothing. 

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So she is exploiting his labor. 
Of course Libertarians just 

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laugh at that nonsense. 
It's just another Voluntary 

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exchange, but this is where the 
Surplus labor theory of bullshit

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gets you. 
It also assumes that 

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entrepreneurs are not workers. 
So deciding what to make and 

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what to sell to Consumers. 
They don't consider that work. 

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Even though it takes hundreds of
hours in which you're not 

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getting paid. 
You have to market the idea. 

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You have to develop a hiring 
process. 

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You have to choose where to 
produce your product, how to 

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produce it. 
You have to constantly innovate 

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and keep up with competition. 
You have to reinvest a portion. 

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None of your money, there's 
training that's involved in, you

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know, telling other people how 
to, you know, operate plants and

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everything. 
There's tons of work and often 

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years before you become 
profitable. 

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Also, the quote workers or 
employees owning the factory 

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doesn't automatically mean you 
get higher wages higher wages 

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are the result of higher worker 
productivity and competition. 

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So if you are writing with a pen
and paper, you might Able to 

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write maybe 10 pages an hour or 
so if you really focus on your 

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handwriting, but if you have a 
typewriter or a computer or an 

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artificial intelligence device, 
which you can speak into and 

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types it out for you. 
Well, then you're much more 

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productive, the more productive,
you are, the more the business 

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is able to sell to more 
customers and make more money, 

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which increases the likelihood 
that you'll get a higher wage 

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because you're more valuable to 
them. 

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And, of course, when there's 
Ders, you can always leave and 

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go somewhere. 
So they want to incentivize you 

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to stay with them. 
Also, this Theory assumes that 

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welfare recipients are all labor
exploiters along with all 

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retired, people living off, 
pensions. 

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So, where's the libertarian 
would say you should of course, 

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live off a pension. 
So long, as there's a voluntary 

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contract that you chose to 
invest in, you can take out 

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money as well. 
There's nothing wrong with this,

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but under the labor theory of 
value, you are not a worker, you

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just sit back and you just 
collect money. 

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Also, it doesn't Acknowledge the
fact that yes business owners 

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are seeking profit. 
They're always looking to get 

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more resources. 
Other people trying to get more 

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resources, are consumers. 
Everyone's trying to get more. 

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So they just try to erroneously 
vilify one group to create an 

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enemy so they could justify a 
bigger power. 

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Grab employees are also seeking 
profit. 

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There's nothing wrong with, with
any of this. 

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This is a harmonious interaction
because all people are involved 

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voluntarily ownership of your 
Workplace is not necessarily a 

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good thing because you would be 
undiversified. 

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So if I work at Lehman Brothers 
and I only man Brothers, I'm 

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totally screwed. 
So if I work at Lehman Brothers,

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maybe, I don't want to invest 
and be a part owner of Lehman 

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Brothers. 
I might want something like 

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Walmart, or Amazon or apple, or 
maybe General Electric. 

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So, it's not even good 
investment advice for you to own

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necessarily where you work, but 
hey, if you want to Nothing 

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wrong with it. 
This theory, of course, rejects 

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the workers right to voluntarily
contract. 

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So I could do my own thing. 
However, I want to access to 

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this company's reputation 
because then I could be more 

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productive there and I don't 
have to come up with my own idea

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of what to sell. 
So maybe I want to voluntarily 

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contract labor theory of value, 
says Nope not allowed. 

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That is slavery. 
We own your body. 

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You don't have the right to 
choose. 

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We don't like what you 
voluntarily. 

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Ali choose to do with other 
voluntary. 

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Actors that is claiming 
ownership over, another person's

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body, of course, do unprofitable
businesses exploit. 

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So if the concept is, you're 
making money off my labor, but 

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if I'm not making money, then 
the employee is profiting off me

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and my idea and my business and 
my reputation. 

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Now, the employee is the 
exploiter of course, ridiculous.

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Nonsense is far. 
Oh, yeah, the profit motives 

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evil because businesses are 
seeking profit. 

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Well, if all ownership was given
to the quote in workers, or 

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whoever the employees are that 
show up, you know, for five days

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a week, if they all of a sudden 
own things. 

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Well, they're probably just as 
greedy as anyone else. 

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So they would still vote in the 
same things that the Socialist 

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criticizes capitalism for. 
And of course, employee 

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ownership is fully consistent 
with capitalism. 

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There's a place in Arizona 
called. 

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Gwen Koh another place called 
Cruise America and that is 

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referred to as an employee-owned
company. 

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It's voluntary exchange. 
So there's nothing 

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anti-capitalistic about it. 
The capitalism part comes in 

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when you allow people to opt out
of any system of that. 

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So the labor theory of value is 
verifiably economically, false 

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and morally false.