Labour Theory of Value Debate: Response Debunking Viki 2000

I did a response video on Viki 1999 on the Labour Theory of Value, now that she has responded on her second channel, this is a response debunking Viki 2000.

The main arguments I critique is in relation to; where money comes from; her fallacious argument against the economic calculation problem and where value derives from. Viki is under the false assumption that just because labour goes into producing final products that this must mean all products derive its value from such labour, she ignores the economic reality of subjective value and that is the fact that something is only what it is worth down the consumer.

You can tell she doesn't understand basic economics when she doesn't have a clue where money comes from, this is arguably the biggest flaw of her argument because it proves my point that socialism is exploitative, without the private sector, you're done for. The argument she made on the Soviet Union is ridiculous as well relative to the economic calculation problem, you can check out the video recorded in 1978 by Antony C Sutton where he talks about who financed the Soviet Union here:

https://www.youtube.com/watch?v=vftNpSXUOU8&t=169s

For a fuller explanation on the economic calculation problem if you haven't seen videos explaining the problem, you can check out the following:

• profits and losses: https://www.youtube.com/watch?v=mVbbFVKWdhI
• variety of options: https://www.youtube.com/watch?v=bFoqXD_o6Wc
• ECP extended: https://www.youtube.com/watch?v=Zjzofn0qzQ4

Viki's response video that I've responded to, you can watch her full 2 hour video here: https://www.youtube.com/watch?v=BhXjYxAy3SM&t=1002s

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