Cuddly Lovely Sassy Motherfucker :verified: - https://the-mad-pirate-prints.teemill.com/ on Nostr: ChatGPT translated version of my effortposting : "No, it is incorrect for several ...
ChatGPT translated version of my effortposting :
"No, it is incorrect for several reasons. The needs of consumption do not determine production (Ricardo's Objective Theory of Value), but rather the other way around, production determines the variables of consumption (Menger's Subjective Theory of Value). In other words, one cannot consume what has not been produced first. The drunkest person in the world will effectively be an abstainer if nobody invests in cultivating grapes or barley to later process them and create the wine or beer that the drunkard so "needs." Likewise, nobody will invest in cultivating or producing alcohol if they happen to live in a community of abstainers. So, from the very beginning, Marx's hypothesis is incorrect.
Secondly, the skills necessary for performing activities in rural and urban populations are different because the requirements of goods and services producers are different in each case. The type of skills needed for agricultural or heavy industry development (typical in rural areas) is very different from the type of skills needed for banking or commercial activities (more typical in cities). Therefore, trying to compare one with the other is falling into a false equivalence since the parameters that determine the economic growth of one are not applicable to the other. In other words, it is nonsensical to try to compare the "concentration of capital" of people in rural areas with those in urban areas."
Published at
2023-07-19 21:55:48Event JSON
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"content": "ChatGPT translated version of my effortposting :\n\n\"No, it is incorrect for several reasons. The needs of consumption do not determine production (Ricardo's Objective Theory of Value), but rather the other way around, production determines the variables of consumption (Menger's Subjective Theory of Value). In other words, one cannot consume what has not been produced first. The drunkest person in the world will effectively be an abstainer if nobody invests in cultivating grapes or barley to later process them and create the wine or beer that the drunkard so \"needs.\" Likewise, nobody will invest in cultivating or producing alcohol if they happen to live in a community of abstainers. So, from the very beginning, Marx's hypothesis is incorrect.\n\nSecondly, the skills necessary for performing activities in rural and urban populations are different because the requirements of goods and services producers are different in each case. The type of skills needed for agricultural or heavy industry development (typical in rural areas) is very different from the type of skills needed for banking or commercial activities (more typical in cities). Therefore, trying to compare one with the other is falling into a false equivalence since the parameters that determine the economic growth of one are not applicable to the other. In other words, it is nonsensical to try to compare the \"concentration of capital\" of people in rural areas with those in urban areas.\"",
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