Brian wrote:But I was hoping

#87554
DJP
Participant
Brian wrote:
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.

Sorry Brian, I think you’re getting confused somewhere. I said:

Quote:
Wealth and value are not the same thing, like as has been said a non-market economy would be governed by need, not socially necessary labour time.

‘Value’ in the Marxian sense is the amount of abstract socially necessary labour time represented in a commodity.Wealth, is any use-value. So to say that a needs based society would not produce wealth is a like saying a needs based society would produce square circles, it’s a logical contradiction. That’s not what I said.Watch my talk here