The difficulty of selling a Wii

[Copycon]

ItsaMii said:
Value is a relative aspect. Classical economic theory and marxist adepts thought value was absolute. They thought you could measure the value of goods just by calculating the amount of work (hours) needed to make that good. That is a wrong view. If value was absolute that means that every price should reflect this value. I do not want to go to deep into that aspect, but I think we all agree on the basics

It's not about a wrong view in classic economics, it's about a different approaches to values when the liberal market economy was created. That's why we had the argument on "labor theories of value" and the "more value"

It would be an anacronism to say that they are wrong.