[Marxism] Law of Value

Angelus Novus fuerdenkommunismus at yahoo.com
Mon Dec 31 15:26:50 MST 2012

Shane, you're confusing the distribution of social labor, which is indeed a trans-historical necessity, with *value*, which is merely the specific social form that this necessity takes in capitalism.  

All you had to do was finish the quotation from Marx you started with, rather than cutting it off:

"And the form in which this proportional distribution of labour asserts itself, in a state of society where the interconnection of social labour is manifested in the private exchange of the individual products of labour, is precisely the exchange value of these products."

If there is no commodity exchange, but rather the allocation of social labor to produce use-values to meet human need, then it is nonsensical to talk about the "law of value" operating.

More information about the Marxism mailing list