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Given that there are voluntary buyers and sellers choosing to engage in these exchanges of real products, the suggestion that no value is created directly contr
by prvit 4y ago
Given that there are voluntary buyers and sellers choosing to engage in these exchanges of real products, the suggestion that no value is created directly contradicts very basic economic theory.
- malermeister 4y agoEconomy is not the only indicator of value and to treat it as such is an overly reductive view of the world. If a market enables breaking of laws created by democratic processes, any economic value is outweighed by its negative societal and democratic value.
- prvit 4y agoEven if the outcome isn't net positive, that doesn't mean that there is no value created.
- malermeister 4y agoI suppose that is true, but also very nitpicky. Let me rephrase: no net value is created. If you win 50 bucks in a casino and spent 100 betting, I suppose you technically "won" 50 bucks, but in colloquial use of language it'd be more correct to say you lost 50 bucks.
- prvit 4y agoIn the case of darknet markets, value is created for all participants, otherwise the deals wouldn't happen. There's no coercion involved. The externalities are debatable, but I think we can accept that drug trade in the onionland has less negative externalities than drug trade on the street.