LTV, exchange value, use value, surplus value...

  1. Blake's Baby
    Blake's Baby
    Anyone fancy a trip over to this thread - http://www.revleft.com/vb/marxs-labo...12/index2.html - to either correct my misunderstandings, or alternatively help me explain why LTV only relates to commodities? I seem to be missing something crucial here, as the argument 'value exists under socialism because value is a product of human labour' is being advanced, and my replies of 'socialism only produces use-values so LTV doesn't apply' isn't getting anywhere.