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Not a fan of Ayn Rand, but it is a bit tiresome to see her name dropped to illustrate a caricature. Value is subjective. Bob valued employee ownership. He real

Not a fan of Ayn Rand, but it is a bit tiresome to see her name dropped to illustrate a caricature. Value is subjective. Bob valued employee ownership. He realized profits within his own value framework. Nothing here violates the principles of private property or voluntary association. If anything, Bob's success is a testament to the validity of the core libertarian premises. Perhaps careful reading of opposing viewpoints is the solution here? https://hn.algolia.com/?dateRange=all&page=0&prefix=false&query=ayn%20rand&sort=byDate&type=comment https://hn.algolia.com/?dateRange=all&page=0&prefix=false&qu...

lo_zamoyski 3y ago
Value is not subjective. It is objective. A foodstuff is valuable as nourishment, because it has the objective potential to nourish a human person. The value of a strawberry may not be accessible to someone with a strawberry allergy, but it maintains that value. Where the organization of labor and ownership are concerned, there may very well exist various legitimate ways to do so, conditioned by circumstance and constrained by basic objective moral principles (like justice). The value such arrangements provide to various parties may differ.
- gottorf 3y ago
  > The value of a strawberry may not be accessible to someone with a strawberry allergy, but it maintains that value. > Value is not subjective. It is objective. I'm having trouble reconciling these two statements. The value of a strawberry not being "accessible" may as well not be there for that person who is allergic to strawberries, and in that way it is subjective. One person may prefer to drink beer over wine and another vice versa; it would be strange to claim that beer and wine are objectively equally valuable to both of those people.
- vlowther 3y ago
  Charge, mass, velocity, and spin are objective. Value exists only in the eye of the beholder.

lo_zamoyski 3y ago

Value is not subjective. It is objective. A foodstuff is valuable as nourishment, because it has the objective potential to nourish a human person. The value of a strawberry may not be accessible to someone with a strawberry allergy, but it maintains that value. Where the organization of labor and ownership are concerned, there may very well exist various legitimate ways to do so, conditioned by circumstance and constrained by basic objective moral principles (like justice). The value such arrangements provide to various parties may differ.

gottorf 3y ago
> The value of a strawberry may not be accessible to someone with a strawberry allergy, but it maintains that value. > Value is not subjective. It is objective. I'm having trouble reconciling these two statements. The value of a strawberry not being "accessible" may as well not be there for that person who is allergic to strawberries, and in that way it is subjective. One person may prefer to drink beer over wine and another vice versa; it would be strange to claim that beer and wine are objectively equally valuable to both of those people.
vlowther 3y ago
Charge, mass, velocity, and spin are objective. Value exists only in the eye of the beholder.