There’s this new video by a good YouTuber - Value by Unlearning Economics. There was also an article by Ben Burgis for the Jacobin which argued the same.
Is it possible, as both these people argue, to separate Marx’s critique of capitalism from his theory of value? To keep the former and discard the latter?
Edit - I’m not siding with the video or with Burgis, btw. I think Marx’s value theory is correct. I’m just looking for people who can shine some light on this new(?) phenomena of leftists speaking out against LTV while trying “save” Marx’s critique of capital. To me, that just seems like a pointless and hopeless endeavour.
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The YouTube video addresses Cockshott and tries to disprove his conclusions.
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I don’t think so lol. He just responded in the video.
The video guy had an AMA where he said that he landed on a more centrist political perspective after his university days. He’s also made videos responding to breadtubers about privatization which was basically like “yes the trains were better, newer, cheaper to operate and perhaps as safe as their privatized versions but who is to say which is better?”
Doubt he succeeded, Cockshott is a transphobic shithead but there's a reason no one in the orthodoxy tries to counter him, his math is solid and his numbers aren't lying, the last time an academic came for him was 2004 and Cockshott embarrassed the challenger
Something similar happened with Anwar Sheikh when he exploded the theoretical underpinnings of the only serious challenger to LTV (i.e. Marginalism) all the way back in 1974, a feat that should have won him a Nobel prize in economics, which resulted in complete radio silence from the whole field and whose paper is probably the only one in the whole of academia that's never had a challenger or rebuttal despite its age of 50 years, which blows my mind to this day
Anwar Shaikh is the most important economist since Marx, and it's criminal that so few economists even know him.