3 ms·
"Remove money from the picture entirely and ask yourself what you'd like to recieve in exchange for your work." Yeah no. We want money so that we have the flui
by figglesonrails 15y ago
"Remove money from the picture entirely and ask yourself what you'd like to recieve in exchange for your work."
Yeah no. We want money so that we have the fluidity of choosing a candy bar one day and a vacation another. Besides, you can't have someone offer you fractions of a vacation for your work. Is it truly that difficult to see where barter systems fail?
Besides, you are putting too much faith in the "fair value" idea. First off, when you want something and you barter with someone, a common technique is to disparage the quality of the item you desire. Why? To convince someone else that it isn't worth as much, that a "fair value" is less than that. Then, take the example of a mom-and-pop shop making jams and jellies. They probably have a lot of pride in their work and the price reflects their feelings of craftsmanship. They say, "Look at how good it is! How fresh, how pure!" -- they are trying to convince you that it is worth more than you initially appraised it at.
It's a conflict of interest -- it is in the best interest of the consumer to pay as low as he can, and it is in the best interest of the producer to get as much as he can. One seeks to minimize losses, the other, maximize profits.
Ever heard of donation-based bagel shops? You pay "what you think it is worth". Some people drop $5, others drop $0.01 because they want food and don't really want to pay for it. Even being glared at (social pressure) isn't enough to stop them.
The moral of the story is that people suck and asking them to "be fair" is a hilariously misguided way of getting revenue.
"When you put something on the free market, you are opening it to opinion and other people deciding the value. Think carefully first."
Yes, they can decide on a value, and so can the producer. If the values match or can be negotiated, you have an exchange. If they don't, then there is no exchange. Eco 101?