Abstract

The paper argues that the future of socialism depends upon the category of use value being grounded in a wider and deeper conception of life value. Only as such can it serve as the regulating principle of a future democratic socialist society. Life value is anchored in an understanding of the human life's space-time continuum understood as a continuum of life requirements. The multiple life crises regularly generated by capitalism are crises of its incapacity to adequately satisfy these life requirements. The practical conclusion is that a democratic socialist economy must prioritize the production not of use values as such, but only of those use values that also have life value.