{"id":69870,"date":"2022-02-13T01:00:40","date_gmt":"2022-02-13T06:00:40","guid":{"rendered":"https:\/\/quotulatiousness.ca\/blog\/?p=69870"},"modified":"2022-02-12T09:55:03","modified_gmt":"2022-02-12T14:55:03","slug":"qotd-marxs-labour-theory-of-value-gets-tenure","status":"publish","type":"post","link":"https:\/\/quotulatiousness.ca\/blog\/2022\/02\/13\/qotd-marxs-labour-theory-of-value-gets-tenure\/","title":{"rendered":"QotD: Marx&#8217;s labour theory of value gets tenure"},"content":{"rendered":"<blockquote><p><a href=\"https:\/\/quotulatiousness.ca\/blog\/wp-content\/uploads\/2019\/06\/QotD-thumbnail-400x400.png\"><img loading=\"lazy\" decoding=\"async\" style=\"float:left; padding: 0px 15px 10px 0px\" src=\"https:\/\/quotulatiousness.ca\/blog\/wp-content\/uploads\/2019\/06\/QotD-thumbnail-400x400.png\" alt=\"\" width=\"400\" height=\"400\" class=\"alignleft size-full wp-image-48672\" srcset=\"https:\/\/quotulatiousness.ca\/blog\/wp-content\/uploads\/2019\/06\/QotD-thumbnail-400x400.png 400w, https:\/\/quotulatiousness.ca\/blog\/wp-content\/uploads\/2019\/06\/QotD-thumbnail-400x400-150x150.png 150w, https:\/\/quotulatiousness.ca\/blog\/wp-content\/uploads\/2019\/06\/QotD-thumbnail-400x400-50x50.png 50w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/><\/a>According to the <em><a href=\"https:\/\/www.thecollegefix.com\/to-combat-racism-professor-urges-peers-to-embrace-labor-based-grading\/\" rel=\"noopener\" target=\"_blank\">Collge Fix<\/a><\/em>, labor-based grading &#8220;involves assigning grades based on the &#8216;labor&#8217; students put into their assignments, rather than the grammar, style and quality of their work.&#8221;<\/p>\n<p>At last, we know the answer to the question almost no one was asking: What happens when Karl Marx&#8217;s labor theory of value gets tenure?<\/p>\n<p>The labor theory of value is very popular on the Left, probably because it makes no sense. Marx \u2014 who never labored once in his entire life \u2014 proposed that &#8220;labor&#8221; has <a href=\"https:\/\/content.csbs.utah.edu\/~ehrbar\/cap1.pdf\" rel=\"noopener\" target=\"_blank\">inherent value<\/a>, that &#8220;if we disregard the use-value of commodities, they have only one property left, that of being products of labor.&#8221;<\/p>\n<p>I assure you it sounds even stupider in the original German.<\/p>\n<p>The short version is that &#8220;labor&#8221; determines a product&#8217;s value, not the competitive marketplace.<\/p>\n<p>It&#8217;s a crackpot theory, easily demolished.<\/p>\n<p>Take the example of a skilled pastry chef and &#8230; me.<\/p>\n<p>Give a few dollars worth of flour, sugar, butter, etc., to that chef and after a couple of hours of his labors, he can sell you a gorgeous and tasty cake that you would be happy to pay a lot of money to buy.<\/p>\n<p>I don&#8217;t bake and have no interest in baking. Let me labor on those same ingredients for the same two hours, and you&#8217;ll get a hot mess worth less than the value of the ingredients that went into it.<\/p>\n<p>(Apologies: This is not my example, but I can&#8217;t find an online resource listing the original author. [I first encountered this in a Robert Heinlein novel, but he may have been paraphrasing someone else])<\/p>\n<p>It&#8217;s not the &#8220;labor,&#8221; it&#8217;s the results.<\/p>\n<p>Now we&#8217;re supposed to apply this same thinking to grading English papers.<\/p>\n<p>We&#8217;re supposed to accept that one student&#8217;s craptaculently-written essay has the same value as another student&#8217;s beautifully written paper because they both put the same amount of labor into writing them.<\/p>\n<p>What Inoue wants college instructors to do is apply crackpot Marxist theory <em>to those who will be disadvantaged the most<\/em> if they aren&#8217;t taught proper English.<\/p>\n<p>Stephen Green, <a href=\"https:\/\/pjmedia.com\/vodkapundit\/2021\/11\/10\/fight-white-language-supremacy-prof-will-grade-on-labor-not-results-n1531522\" rel=\"noopener\" target=\"_blank\">&#8220;Fight &#8216;White Language Supremacy,&#8217; Prof Will Grade on &#8216;Labor&#8217; Not Results&#8221;, <em>Vodkapundity<\/em><\/a>, 2021-11-10.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>According to the Collge Fix, labor-based grading &#8220;involves assigning grades based on the &#8216;labor&#8217; students put into their assignments, rather than the grammar, style and quality of their work.&#8221; At last, we know the answer to the question almost no one was asking: What happens when Karl Marx&#8217;s labor theory of value gets tenure? The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":35193,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[25,79,41,13],"tags":[1076,764],"class_list":["post-69870","post","type-post","status-publish","format-standard","hentry","category-economics","category-education","category-quotations","category-usa","tag-karlmarx","tag-university"],"jetpack_featured_media_url":"https:\/\/quotulatiousness.ca\/blog\/wp-content\/uploads\/2016\/06\/favicon.png","jetpack_shortlink":"https:\/\/wp.me\/p2hpV6-iaW","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/69870","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/comments?post=69870"}],"version-history":[{"count":4,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/69870\/revisions"}],"predecessor-version":[{"id":71711,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/69870\/revisions\/71711"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/media\/35193"}],"wp:attachment":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/media?parent=69870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/categories?post=69870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/tags?post=69870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}