I read Capital, and the whole thing just went over my head. I really couldn't understand what he was getting at. Could any comrades help explain the LTV? Thanks!
I read Capital, and the whole thing just went over my head. I really couldn't understand what he was getting at. Could any comrades help explain the LTV? Thanks!
Under the labor theory of value, when you eat a burrito and poop, you are creating value.
Edit: Wait, I'm sorry, were we being serious or silly?