I have a grad presentation this Thursday on the labour theory of value and its consequences (IE if its true what are the outcomes.) One of these is of course the falling rate of profit (which I also don't understand well.) But what else?
Basically I need some reliable sources that aren't too lengthy if possible which explain the LTV easily and I need someone to point me in the right direction. Where do I start with the LTV? If the LTV is true or not true what does this mean?
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watch cockshott
like a non-meme source. It's a grad course in political economy.
read cockshott, then
fuck you, idiot
...
Mendel's is a quick read. If you have some more time Shaikh is great but quite harder to read.
And before turning your nose with Cockshott, give a chance to its main stuff.
wot
He's one of the greatest leftist academics alive
Read Capital vol.1 chapter 1.
It's more comprehensive and yet explains the basic ideas more than any derivative source.
Also, sage for you calling cockshott a fucking meme.