I promise to shut up after this. The writer also has a false idea about value and worth. I say the answer is very simple - the value of a thing lies in how much

I promise to shut up after this. The writer also has a false idea about value and worth. I say the answer is very simple - the value of a thing lies in how much someone is willing to pay for it. That seems circular, but recursive might describe it more accurately. We use a construct known as a market to describe the process. 1) someone (whom we'll call the producer) brings a thing to the market, offering it for a price. Usually the price equals what it cost to produce the things plus a little extra, which we'll call "profit" because it sounds cool. 2) if someone else (we'll call them the consumer) pays the price, then maybe the price of the next item will rise, or maybe it won't. 3) if no one pays the price before the producer runs out of patience, then the producer might lower the price or maybe they'll leave. 4) steps 1-3 continue until everyone is satisfied or runs of of patience.