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Matt_Simpson comments on The Instrumental Value of Your Own Time - Less Wrong
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No, that sounds like a good summary to me. I think you probably have an excellent understanding of Marxism. :-)
Measuring how much time it takes to produce a commodity is a fascinating way of exploring history, but note that I'm not trying to measure the value of a product -- I'm trying to measure the value of my time. If you commoditize my labor, you might be able to calculate how much it has cost to reproduce my ability to toil in various ages of history, but I'm not trying to measure the value of my time to a capitalist facing a decentralized, bloated labor market -- I'm trying to measure the value of my time to me.
I see now. I took
To mean the labor theory of value point, not the more general point that time is a useful way to think about labor, at least for some things.