value


On Value

theoryTagS

 

 

Kiki Makandal

(November 2014)

“… the emergence of a completed socialist society, with the withering away of classes, commodities, money and the state.” (Page 92)

What we mean by value and how is value determined by the social context

Value is determined by the context of appropriation.

When appropriation is collective, value refers to collective social priorities and is resolved through collective prerogatives to influence social decisions (by the collective) dealing with integrated social activities that combine activities necessary for the production of necessary goods and services (necessary for social reproduction and welfare) with activities that engender cultural flourishing at its highest potential (“épanouissement”). Values refer to the process of collectively determining social production and distribution of goods and services according to need and ability to reflect the most harmonious, equitable and socially nurturing intents. As such, there are no commodities that have to be individually possessed or acquired or produced, but rather there are social needs that have to be addressed and collective social resources allocated to meet those needs in activities that no longer alienate labor from other social practices but that integrate the production of socially necessary goods and services within socially nurturing cultural practices. There is no longer a distinction between work and leisure; there is no longer a distinction between labor and culture, people can fish leisurely, people can farm leisurely… The concept of value refers not to “worth” but to relative social importance. It is completely different from “value” in the context of individual appropriation. There is no need to compare the relative “worth” of objects or services. There is only a need to collectively determine their production and allocation in the interest of the common good.

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