5 ms·
>Gold is now valuable only as a shared fiction. While this is true, its important to understand that "all value is subjective" the concept of "inherent value"
by _red 7y ago
>Gold is now valuable only as a shared fiction.
While this is true, its important to understand that "all value is subjective" the concept of "inherent value" is a fallacy that distorts ones worldview.
A glass of water has a different value at the oasis vs the dessert.
- singularity2001 7y ago"all value is subjective" no, water and tuna have measurable and objective value to your biological system.
- whb07 7y agoNot if you live in a rainforest with ample access to water. It’s got very little value, whereas in a desert it’s got high value.
- js2 7y agoPlease edit your comment to remove the last sentence.
- AnimalMuppet 7y agoWhy? What's wrong with the last sentence? (Or has it already been removed?)
- js2 7y agoIt previously had an insult as the last sentence. I'm glad it was edited and I'm sorry it's too late for me to delete my request now.
- AnimalMuppet 7y agoEh, no worries. You gave good advice, and it sounds like it was heeded. You left me confused, but no big deal - I've been confused a few times before...
- deleted 7y ago[deleted]
- nybble41 7y agoYou are mistaking biological utility for economic value. And even then, water and tuna have very little utility to a biological system that already has plenty of both. The utility of adding more may even be negative.
- lawn 7y agoIt's still subjective. Someone dying of thirst values water much higher than someone drowning in it. Someone allergic to tuna will value it much lower than someone who's not.