Telegraph: Rupert Murdoch is a Marxist

From the Telegraph:

This argument, that it costs money to produce something, therefore it has value, was put forward by Karl Marx in Capital. The exchange value of goods is equivalent to the amount of labour required to turn base materials into products. [...] As a thoroughgoing Marxist, Murdoch believes that [his content] must now have financial value, calculated as the labour expended plus his surplus.