- Capitalism and Alternatives -

show use value to be quantifiable,objective & universal absolute

Posted by: Gee ( si ) on November 03, 1999 at 17:19:56:

In Reply to: Gee obviously doesn't like the LTV posted by Samuel Day Fassbinder on November 03, 1999 at 16:47:15:

: : What use are the bought and sold commodities to the speculator? Lets say its coal. Well the use isnt to heat, it doesnt get used just sold on for more than it is bought. So the use-value to the speculator is in its potential to be sold for more money.

: SDF: That's an EXCHANGE VALUE, Gee. Such potential is not idiosyncratic, it's a calculable matter of how much money. Look, if you don't like the distinction between use-value and exchange-value, then you don't like the LTV. Why don't you just come out and admit it?

Their USE for the stuff is in order to realize a profit. The USE is not the increase in dollars, its the fact that having the stuff makes it possible to sell it for more dollars.

Thats the USE they get out of 100 tons of coal or 100kg of gold.

Now, explain why it isnt so objectively and refute the subjective 'use-value' by making it into a quantifiable objective meaningful universal absolute or accept that whether a person uses gold for earings, for toilets seats, for looking at, for the comfort of knowing about where it is, or for its potential future sale is all 'use-value' for all that concept is worth.

Show objectivity or accept anything as 'use-value'

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