That is capitalism, or a comonent of it.

There seems to be a lot of conflation with unrelated concepts, such as what type of rulership there is.

I think we often condemn capitalism not for what it really is but for the things we usually conflate it with, such as "greed", or "unnecessary spending".

I dont think its always greedy

Sometimes it is, but its a lot less damaging than if a goverment went greedy

It's not anything either way. That is what I have been trying to say all this time.

Prices are like temperatures on thermometers. You don't make it warmer outside by taking a lighter to the thermometer.

But that is what we do all the time, in effect, by messing with the prices, such as through minimum wage.

People don't value your labor more, relative to other goods of equal value, by artificially messing with the valuation of your labor.

I think there is a very, very fundamental misunderstanding of prices, markets, and capitalism.

Not saying it's with you, just in general.

Anyway i yield

There is no reason to yield. We never had a contest.

It's all just good exchange.

I got my answer from you. I was being narrow minded i see that now

I don't know. I can always be wrong. We can only agree or disagree.

I hope I was able to clarify things and didn't just browbeat you.

I want people to value human life more, therefore just make people value life more and try to get that adjusted in the market.

Its a weird way i put it

See, the markets simply reflect how much people value life. They are neutral, just like a thermometer measures the temperature.

It's sad when people don't value life, but you want your prices to tell you that. They are data for you.

Its just a human life has gone down. I dont like it

*on a downward trend i mean

If everybody valued life as much as you do, maybe the prices would be different. But it's the wrong way to go about it, changing the prices. As I said, that's like warming the thermometer because you think it's too cold outside.

I don't like Britney Spears. If there there only people like me, her concert tickets would be worthless. I don't achieve that shift in value by telling her how to price her tickets.

All I achieved then is to have her ticket prices no longer reflect the relative value in the market. That is why minimum wage and rent control generally dont' work.

It's the same with "overpriced art".

There are pieces that sell for millions, which look little more than children's finger paintings. People will say: "Aha! A failure in the market! There is no way this painting is worth that much."

Of course it's worth that much. Why? Because somebody just bought it.

Its

Yea.

Iono about the human life part though. Ive said some pretty degenerate things

Anyone want to debate metaphysics?

@halfthink

Praxeology is the foundation of epistemology.

A is A
Existence exists
One must perceive it possessing consciousness
A consciousness conscious of nothing is a contradiction in terms
A consciousness conscious of nothing but itself is a contradiction in terms: before it could identify itself as consciousness, it had to be conscious of something. If that which you claim to perceive does not exist, what you possess is not consciousness.
A is A. A thing is itself. Existence is Identity, Consciousness is Identification.

@halfthink

Rand was a red.

These laws are the the foundation of all knowledge

Praxeology is the foundation of these laws.

@halfthink How?

What is the purpose of knowledge other than action?

@halfthink Except for knowledge to exist it must exist

It must posses an identity