2 ms·
This is downright silly and wrong. Diamonds are not expensive because they're a cut above other gems, they're literally only expensive because of a monopoly tha
by Etheryte 2y ago
This is downright silly and wrong. Diamonds are not expensive because they're a cut above other gems, they're literally only expensive because of a monopoly that upholds artificial scarcity. Michelin star restaurants are expensive because they do culinary arts on the highest level. Diamonds are expensive only because one family owns all the mines.
- BoingBoomTschak 2y agoYou forget the other side of the equation: very rich people or "suckers" are ready to pay that much for it.
- ErigmolCt 2y agoA product of market control
- dialup_sounds 2y agoDe Beers hasn't had a monopoly in decades and is no longer majority owned by one family.
- postalrat 2y agoThis isn't an ordinary diamond.