Taking on the Cappies: The LTV.

[Nusocialist]

I started a thread on another board asking people to try and rebut the LTV. After 1000+ posts they have been unable to,I have been able to learn much about it myself too,as I was alittle confused myself to begin with.

I'm just wondering what people here think of my line of argument and my understanding of the LTV.

http://www.iidb.org/vbb/showthread.php?t=183064&page=44 (I hope posting this link is allowed.)

[Floyce White]

That's an extremely long thread, and I don't even know which alias you are using. The part you linked to has such a tiny snippet of the thread that it's hard to tell what you think.

To understand labor-time vouchers, it isn't necessary to dig though long threads. Vouchers, coupons, scrip, and all other non-universal media of property exchange are money substitutes. Vouchers are private money. It's a medium of property exchange same as public money. For anyone calling himself or herself an "anti-capitalist," it is a pyrric victory to defend property and its exchange. As I said in this post (http://www.revolutionaryleft.com/index.php?showtopic=42555&st=4#): "To support property as a method of human interaction is to support violence as the basis of social behavior. Such a lie does not need to justify its definitions."

[Nusocialist]

Originally posted by Floyce [email protected] 28, 2006 05:38 am
That's an extremely long thread, and I don't even know which alias you are using. The part you linked to has such a tiny snippet of the thread that it's hard to tell what you think.

To understand labor-time vouchers, it isn't necessary to dig though long threads. Vouchers, coupons, scrip, and all other non-universal media of property exchange are money substitutes. Vouchers are private money. It's a medium of property exchange same as public money. For anyone calling himself or herself an "anti-capitalist," it is a pyrric victory to defend property and its exchange. As I said in this post (http://www.revolutionaryleft.com/index.php?showtopic=42555&st=4#): "To support property as a method of human interaction is to support violence as the basis of social behavior. Such a lie does not need to justify its definitions."
What are labour time vouchers? The thread is on the Labour theory of value.
I'm just showing after 1000 posts the cappies have siad nothing that has come close to rebuting the LTV.

[Floyce White]

My mistake. "LTV" is also an acronym for an aircraft manufacturing company, so please excuse the confusion.

[Nusocialist]

The thread has gone so well,it's now marginalism and the STV which are completely on the defensive.