Value talk

["Charles Brown" <CharlesB@xxxxxxxxxxxxxxxxxxxxx>]

 Value talk
by Justin Schwartz
05 February 2002 15:30 UTC

R, I think we have reached the point of diminishing marginal returns. I
agree with Fred Guy: the work on the LTV for a century has been a
desperate, inward-turning attempt tos how that it can be made coherent in
the face of increasing masses of fatal objections, and it's not doing real
work. It's at most a heuristic for--and not exaplantrion of--the importsnt
points you make, that commodities are the products of labor, and that any
society has to make large scale decsiions about hwo to divide up its
socially necessary labor. But I think we have a stand off here, and probably
should move on. jks

^^^^^^^^^^

CB: This sounds like a parting shot in the form of a religious incantation that is not supported by the evidence of the last century:  "LTV no work. LTV no work. LTV no work..."