alt Hacker NewsYes, if you can fully track labor input, you can use LTV (Labor Theory of Value) to determine how much work went into a product and price it accordingly - that's what the poster above was referring to.
Yes, if you can fully track labor input, you can use LTV (Labor Theory of Value) to determine how much work went into a product and price it accordingly - that's what the poster above was referring to.
But why would you base anything on an incorrect theory? If you value things by LTV, you're not going to like the results.