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The Lie of Objective Value!

Steve Keen
Steve Keen (born 28 March 1953) is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. The major influences on Keen's thinking about economics include John Maynard Keynes, Karl Marx, Hyman Minsky, Piero Sraffa, Augusto Graziani, Joseph Alois Schumpeter, Thorstein Veblen, and François Quesnay.

3 comments

  1. That explains very well why the system we are stuck in pays most of us so much less than we think we are worth.
    I shall happily do without bankers and lawyers a very long time before I would do without farmers and engineers despite what both sets of human effort produces.
    By the way, unworked land produces nothing, therefore labour does indeed hold intrinsic value.

  2. Cpt Superstraight

    Price is dependent on what someone else is willing to pay for it,, not what it cost to make.

  3. He who laughs last …. #Visit Scotland.

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