I fail to see how Marxs LTV is shitty, infact I would say that long term predictions show approaches like Marxs' works a lot better than any praexological or more traditionally neo classical methods.

Steve Keen's Debunking Economics has a good section on the problems with Marx's labor theory of value. IIRC, Marx's original sketch included a good model of the effects of capital, but he later neglected that to focus on labor alone and later Marxists kept that tradition.

> and later Marxists kept that tradition.

[citation needed]

Trying to figure how why asking for evidence for something is considered worthy of a downvote by the people on this orange site. Is it because it was too 'to the point' and not verbose enough?