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Mentioning the man hours would make sense, if the ones producing the product taking the majority cut from the purchase price. Otherwise, it's more of a strateg

by yegle 1y ago

Mentioning the man hours would make sense, if the ones producing the product taking the majority cut from the purchase price. Otherwise, it's more of a strategy to set a higher price tag, and the reseller and all the middleman taking all the extra revenues.

supermatt 1y ago
Not really. Irrespective of price, the inherent value of the rug is much greater - it still takes over 100x the labour to produce. That it still costs less than 100x basketball shoes to purchase is more circumstantial, yet further demonstrates the fallacy of the argument.
- cma 1y ago
  It takes a long time to make small scale reproductions of movie scenes out of popsicle sticks, the time spent doesn't make them valuable on its own.
  - supermatt 1y ago
    Yeah, value was a poor choice of word. I probably meant cost, and where I say cost I probably meant price.