The Amazing Anarchist's definitions
acronym for the phrase: "If Wikipedia can be trusted"; used when reporting information from the website wikipedia.org. Due to Wikipedia's policy of letting anyone edit articles, it is sometimes used as a disclaimer before presenting info from the website in a blog, forum discussion, YouTube comment, etc.
Me: IWCBT: Adam Smith held to the Labor Theory of Value.
Dude: True, but he said that real value is determined by the labor that a commodity commands in exchanged, which is different from what most other proponents of LTV held.
Dude: True, but he said that real value is determined by the labor that a commodity commands in exchanged, which is different from what most other proponents of LTV held.
by The Amazing Anarchist February 16, 2010
Get the IWCBTmug. by The Amazing Anarchist December 8, 2009
Get the tsunamimug. Labor Theory of Value; The theory that value is determined by the labor involved in producing or gaining a commodity;
As a believer in LTV, i think you should pay more for my shit because i put in more labor to produce it.
by The Amazing Anarchist February 16, 2010
Get the LTVmug.