Julien Lauret

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Once we take the real-world element of uncertainty into account, it’s not clear how we could even apply the Marxist prescription of paying workers the “full value” of their labor. If a firm goes out of business, should it have the right to claw back the wages it disbursed over the years, because in retrospect the workers involved were clearly overpaid?
The Dao of Capital: Austrian Investing in a Distorted World
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