4 ms·
The notion relies upon fundamentally faulty assumptions about universal fixedness to pricing, namely that it exists at all. It is frankly, insane to operate und
by Nasrudith 4y ago
The notion relies upon fundamentally faulty assumptions about universal fixedness to pricing, namely that it exists at all. It is frankly, insane to operate under it but because of Marx's and his disciple's fixation upon labor as a basis of economic value they stalwartly refuse to see what is right in front of their face. Water by the river is far cheaper than water in the Sahara. Hauling the water to the Sahara isn't guaranteed profit however because of the lack of people in the Sahara in the first place to serve the exchange, however.
- harimau777 4y agoI agree that things don't necessarily have fixed values. However, that doesn't necessarily mean that price is an accurate reflection of that value. Food has more value to someone who is starving than to someone who is well fed; even if the well fed person is willing and able to pay more for it.
- hgomersall 4y agoIt's an interesting idea that perhaps peoples' financial offers for goods and services should be normalised by their financial wealth.