#adamsmith — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #adamsmith, aggregated by home.social.
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https://www.europesays.com/iran/93294/ Trump contends hostilities with Iran have ‘terminated’ #AdamSchiff #AdamSmith #ChuckGrassley #Congress #DonaldTrump #GeneralNews #InternationalAgreements #Iran #IranGovernment #IranWar #JohnCurtis #JohnThune #JoshHawley #KevinCramer #LisaMurkowski #MikeJohnson #MilitaryAndDefense #PeteHegseth #Politics #SusanCollins #ThomTillis #TimKaine #USDemocraticParty #USRepublicanParty #UnitedStates #UnitedStatesCongress #UnitedStatesGovernment #WashingtonNews #WorldNews
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Hegseth defends Iran war, defense budget ask in House hearing
WASHINGTON (Gray DC) – Secretary of Defense Pete Hegseth defended the war in Iran and the president’s nearly…
#NewsBeep #News #BreakingNews #AdamSmith #breakingnews #DefenseBudgetRequest #FY27Budget #hasc #HegsethatHASC #housearmedservicescommittee #Iran #iranwar #OperationEpicFury #PeteHegseth #SecretaryofDefense #thepentagon #WarinIran
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Iran War Has Cost $25 Billion So Far, Pentagon Says
Audio of this article is brought to you by the Air & Space Forces Association, honoring and supporting…
#NewsBeep #News #BreakingNews #2027budget #AdamSmith #breakingnews #CENTCOM #Gen.DanCaine #housearmedservicescommittee #Iran #Iranblockade #JayHurst #PeteHegseth #RoKhanna
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Iran War Has Cost $25 Billion So Far, Pentagon Says
https://web.brid.gy/r/https://www.airandspaceforces.com/war-against-iran-cost-25-billion-pentagon/
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https://www.europesays.com/people/34164/ Trump officials say Israel helped lead US to Iran war #AdamSmith #AliKhamenei #BenjaminNetanyahu #DonaldTrump #GeneralNews #GovernmentAndPolitics #Iran #IranGovernment #IranWar #Israel #IsraelGovernment #JeffMerkley #LindseyGraham #MarcoRubio #MarkWarner #MikeJohnson #PeteHegseth #Politics #UnitedStates #UnitedStatesGovernment #WashingtonNews #WorldNews
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Trump’s conflicting messages sow confusion over Iran war
WASHINGTON (AP) — President Donald Trump says the United States is winning the war …
#NewsBeep #News #BreakingNews #AdamSmith #AnnaKelly #APTopNews #breakingnews #DonaldTrump #Elections #Generalnews #GregoryMeeks #Iran #Irangovernment #iranwar #JohnKennedy #LeonPanetta #MichaelG.Rubin #Militaryanddefense #Politics #U.S.DemocraticParty #U.S.DepartmentofDefense #U.S.RepublicanParty #Washingtonnews #Worldnews
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https://www.europesays.com/uk/840316/ Scientists say Southwest heat is latest in parade of ultra extremes #AdamSmith #AndrewWeaver #Arizona #AZStateWire #BernadetteWoodsPlacky #California #ChrisBurt #climate #ClimateAndEnvironment #ClimateChange #ClimateScience #CraigFugate #Environment #GeneralNews #Health #HeatWaves #JeffMasters #LosAngelesAreaWildfires #NationalOceanicAndAtmosphericAdministration #Nevada #NVStateWire #Science #Texas #TXStateWire #USNews #UK #UnitedKingdom #UnitedStates #Weather
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https://www.europesays.com/ie/306470/ Winter storm likely cost the US economy billions of dollars #AdamSmith #Business #ClimateAndEnvironment #Economy #Éire #Environment #GeneralNews #houston #HurricanesAndTyphoons #IE #Ireland #JonPorter #NationalOceanicAndAtmosphericAdministration #NaturalDisasters #Science #SendToAppleNews #storms #U.S.News #Weather #WinterWeather
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Winter storm likely cost the US economy billions of dollars
HOUSTON (AP) — The deadly and widespread winter storm paralyzing much of the American East with ice, snow…
#NewsBeep #News #Environment #AdamSmith #Business #CA #Canada #Climateandenvironment #Economy #Generalnews #Houston #Hurricanesandtyphoons #JonPorter #NationalOceanicandAtmosphericAdministration #Naturaldisasters #Science #SendtoAppleNews #STORMS #U.S.news #Weather #winterweather
https://www.newsbeep.com/ca/435790/ -
Winter storm likely cost the US economy billions of dollars
HOUSTON (AP) — The deadly and widespread winter storm paralyzing much of the American E…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Environment #AdamSmith #Business #Climateandenvironment #Economy #Generalnews #Houston #Hurricanesandtyphoons #JonPorter #NationalOceanicAndAtmosphericAdministration #Naturaldisasters #Science #SendtoAppleNews #Storms #U.S.news #weather #winterweather
https://www.newsbeep.com/us/431608/ -
Winter storm likely cost the US economy billions of dollars
HOUSTON (AP) — The deadly and widespread winter storm paralyzing much of the American E…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Environment #AdamSmith #Business #Climateandenvironment #Economy #Generalnews #Houston #Hurricanesandtyphoons #JonPorter #NationalOceanicAndAtmosphericAdministration #Naturaldisasters #Science #SendtoAppleNews #Storms #U.S.news #weather #winterweather
https://www.newsbeep.com/us/431608/ -
😬😓:
“Adam Smith Is Misinterpreted And His Influence Overstated”, The Economist (https://www.economist.com/christmas-specials/2025/12/18/adam-smith-is-misinterpreted-and-his-influence-overstated or https://archive.is/hQpRa).
#Economics #Capitalism #FreeMarkets #AdamSmith #TheWealthOfNations #Legacy #Books #InvisibleHand
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Liberalism’s enduring tension between promoting progress and safeguarding freedom is visible in foreign aid, where well-intentioned experts often undermine dignity and self-determination by assuming they know best. https://www.japantimes.co.jp/commentary/2025/12/23/world/the-history-of-enlightened-oppression/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #adamsmith #immanuelkant #johnstuartmill #marquisdecondorcet #liberalism #colonialism #foreignaid #hunger #sdg #development
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Senza scomodare #AdamSmith, penso che sarebbe più "igienico" valutare la cosa anche e soprattutto da un punto di vista scientifico
Le #reti sono una cosa super studiata a livello accademico, da moltissimo tempo. Si potrebbero citare la teoria dei grafi (che e la *fotografia* matematica della faccenda più neutrale), la teoria dei sistemi complessi, i sistemi adattivi, oppure (quello si fa più frequentemente, purtroppo) valutare i network
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Suppose Smith’s invisible hand of God really refers to the ‘might is right’ of oligarchs and plutocrats. Being for Empire, it is Deity which ends their delusions of grandeur. Since Deity is the foundation of the categories, its substance has the greater power. Unlike Empires that always end in wars, corruption and deceit driven by caprice, hubris, greed and self-serving interests Deity does not peddle the greatest lie, that only it is the basis of civilisation! #AdamSmith #WW3 #Empire #God #Deity #DelusionsOfGrandeur #Civilisation #GodDelusions #EcocideEmpire #TheGreatestLie #PlayingGod
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CW: Chattel slavery for sugar and rum 🧶
In 1776, Scotsman Adam "Smith noted that the British West Indian sugar plantations were so profitable they their returns from rum exports, a byproduct of sugar production, paid for the entire overhead expenses of a sugar plantation. As far as Smith was concerned, this was an achievement without parallel in eighteen-century British imperial agriculture."
(excerpt from Seymour Drescher’s book "The Mighty Experiment: Free Labor versus Slavery in British Emancipation")
#AdamSmith #economics #economy #slavery #chattelSlavery #WestIndies #agriBusiness #agriculture #sugar #Caribbean #lineofColor #systemicRacism #capitalism #whiteSupremacy #rum #accumulation #transatlantic #trade #slaveTrade #deportation #economics #BritishEmpire #BritishIsles #Tobago #Jamaica #Barbados
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What Is The Myth of Barter?
https://www.youtube.com/watch?v=2JB9BA9V5aI
“Since the dawn of civilization, humans would trade shoes for shirts and spears for food. And then money was created because that was too complicated.”
Turns out this is the base lie that keeps us in chains. Here’s how it really went…#Barter #Myth #Lies #Control #Dehumanization #AdamSmith #Marx #DavidGraeber #GiftEconomy #SocialSolidarity
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What Is The Myth of Barter?
https://www.youtube.com/watch?v=2JB9BA9V5aI
“Since the dawn of civilization, humans would trade shoes for shirts and spears for food. And then money was created because that was too complicated.”
Turns out this is the base lie that keeps us in chains. Here’s how it really went…#Barter #Myth #Lies #Control #Dehumanization #AdamSmith #Marx #DavidGraeber #GiftEconomy #SocialSolidarity
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What Is The Myth of Barter?
https://www.youtube.com/watch?v=2JB9BA9V5aI
“Since the dawn of civilization, humans would trade shoes for shirts and spears for food. And then money was created because that was too complicated.”
Turns out this is the base lie that keeps us in chains. Here’s how it really went…#Barter #Myth #Lies #Control #Dehumanization #AdamSmith #Marx #DavidGraeber #GiftEconomy #SocialSolidarity
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What Is The Myth of Barter?
https://www.youtube.com/watch?v=2JB9BA9V5aI
“Since the dawn of civilization, humans would trade shoes for shirts and spears for food. And then money was created because that was too complicated.”
Turns out this is the base lie that keeps us in chains. Here’s how it really went…#Barter #Myth #Lies #Control #Dehumanization #AdamSmith #Marx #DavidGraeber #GiftEconomy #SocialSolidarity
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What Is The Myth of Barter?
https://www.youtube.com/watch?v=2JB9BA9V5aI
“Since the dawn of civilization, humans would trade shoes for shirts and spears for food. And then money was created because that was too complicated.”
Turns out this is the base lie that keeps us in chains. Here’s how it really went…#Barter #Myth #Lies #Control #Dehumanization #AdamSmith #Marx #DavidGraeber #GiftEconomy #SocialSolidarity
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An explosion, when regulated, becomes an engine. The same is true of markets.
An explosion, unregulated, is a weapon of mass destruction. The same is true of markets.
When Adam Smith talked about "free markets", he meant free of economic rents (paying people to own things), not free of regulation.
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They were joined by the ranking #Democrats on the equivalent cmtes in the #House: Reps #AdamSmith of WA, of the #ArmedServices Cmte; #GregoryMeeks of NY, of the #ForeignAffairs Cmte; #JimHimes of CT, of the #Intelligence Cmte. Rep #RajaKrishnamoorthi of IL, the snr Democrat on a special House cmte formed to address threats from #China, signed on as well.
…the lawmakers said that #Musk was, under #Trump’s direction, “destroying our federal #NationalSecurity work force…”
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I've seen this weird stream of shallow criticism coming out lately in regards to the labor theory of value some even going so far as to say we (ie Leftists) need to study Austrians like Heyek. I want to address some of this.
The LTV does not say labor by default is valuable.
This was one of the main flaws of Smith's (yes Adam Smith) LTV.
Riccardo once critiqued Smith in regards to this on aging wine. Marx made a contribution here and stated that the nature of the goods being worked is important when determining where value is being produced.
If one simply digs a hole the dirt that comes out of the hole is not valuable REGARDLESS of labor inputs. However if one digs a hole and finds a vain of gold the labor becomes valuable on the basis of the nature of gold.
As is the case with the winemaker.
This isn't some fucking brilliant gotcha. It doesn't really take a super lot of effort to understand that digging holes isn't somehow valuable just cuz labor. That was never the point. It's bad faith, ignorance, or both plain and simple.
Secondly the LTV is not about determining the exchange value of goods. This as far as I can tell is just a blatant misunderstanding of Marx.
What the LTV is about is how value is generated. In short, labor + nature of goods. SINCE this is the case all that value generated Should be returned to the worker NOT the Capitalist who simply owns shit because they are not creating the value. Simple.
What Marx had to say in regards to EXCHANGE VALUE is that the rate of profit would fall over time thus trending more towards a natural value.
This is because Marx was a progressive and believed society would evolve in that direction over time NOT that the LTV determines exchange value or price.
Lastly and most bluntly the collapse of Marxian states has absofuckinglutely nothing to do with the LTV.
The large majority of production in Marxian states was under the model of State Capitalism.
They did not involve the LTV for whatever reason they had good or bad.
If workers are not directly owning and operating the means of production surplus value will be exploited by wages or by capital accumulation.
In either case the STATE was taking the value of their labor.
This is a complete and utter doing away with and rejection of the LTV.
Frankly I'd argue that this is a vindication of the LTV due to the ultimate collapse of most Marxian states though there are other factors not related to economics people have written tomes on.
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Épisode 10 du magazine Esprit critique.
La véritable histoire de l'origine du commerce et de la monnaie : renversant, dans tous les sens du terme ! https://invidio.us/ZIS2KMydo5wLa Dette est à la base de tous les rapports humains, le Troc n'a jamais existé, et la Monnaie a été créée pour asservir les populations annexées par les grands Empires.
#économie
#sciencesHumaines
#monnaie
#troc
#adamSmith
#échanges
#dette
#métauxPrécieux
