ALB wrote: Of course wealth
December 2025 › Forums › General discussion › Workers create all the “wealth” (SPGB, SWP) or “value” (CPGB)? › ALB wrote: Of course wealth
January 14, 2012 at 11:55 am
#87552
Participant
ALB wrote:
Of course wealth (useful things fashioned from materials that originally came from nature) will continue to exist in socialism. It’s only exchange value that won’t exist (won’t come into existence since wealth will no longer be produced to be bought and sold). Wealth and use-values are the same or, rather, wealth is made up of use-values.The thing about use-value is that it is subjective in that what is considered (valued as) useful by one person or group of persons is not necessarily so considered by another person or group and so can’t be measured in a common unit in the way that exchange value can.Socialist society will have to decide what it is useful (what use values) to produce and then individuals can decide what is useful to them and take this from the distribution centres without the goods (use-values) being priced and without having to hand over money or use a card.
Quite so. But I was hoping Darren would reply to my question because it appears he’s assuming that a needs based society will not be producing wealth or value through default. In regards to use-values being subjective and therefore not capable of being measured into a common unit I have to disagree. What about the calculation in kind solution being used has a form of measuring use-value? Roughly speaking that is because I have no desire to get into a discussion on whether or not its necessary to calculate the entire resources of the planet in detail.
