Sunday, 20 December 2015

Floyd Shivambu

Floyd Shivambu

Activist. Believes in Dialectical Materialism & Labour Theory of Value. Heterodox. Provocative. EFF Deputy President. Blessed. MP. To do por la revoluciĆ³n!

The labor theory of value is the economic theory that stipulates that the value of a good or service is dependent upon the labor used in its production. The theory was first proposed by Adam Smith (1723-1790), the founder of modern economics, and was an important concept in the philosophical ideals of Karl Marx.

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