[xlpz]

> Since the article talks about "social value" it almost implies that our commodity will always have some value to the society (it's called "social" after all), but that is often not the case at all.

Seriously? Again? My goodness. Listen, we have already established you are the kind of person that goes around pretending to discredit an entire branch of economics without having the slightest clue about what that branch even claims to say. Fine. But repeating the same nonsense after being told that it is nonsense is just too much. The entire freaking idea revolves around how individual labor which under capitalism is done by private initiative is converted to social labor, which is through market mechanics accepted as socially necessary. Of course that whether or not that labor was in fact desired, has some value for society, is a factor, and that is a fundamental aspect of the LTV. The Wikipedia article explains this, the article I linked to explains it, I explained earlier that value under the LTV is realized at the point of sale, ie, when someone actually goes through and establishes the usefulness of the labor invested by exchanging something (usually money) for it.

The rest of your post conflates price with value, which are different things according to Marxian thought, so again it is pretty useless as far as "debunking Marx" goes. Again, this is even explained in the Wikipedia article you linked to but that obviously haven't read.

Now, do you want to believe the LTV and everything Marx wrote is wrong without having any actual idea of what that is? That's cool. Just don't try to have a conversation with someone that has bothered to read it and think you can get away with it.