Message from @Subhuman✓ᵂᵒᵏᵉ
Discord ID: 354215955439550474
Not sure where you got less from
So wouldnt the price go up by your logic?
Why would it?
People compete and that keeps the price low
Because they value it more.... This is your logic not mine
I thought subjective value decided the price?
In a free market the price would fall
It does
So why does competition make a difference?
because in a monopoly the value goes up the more people want it
But I thought personal value decided the price?
If there is competition for something the price will fall or the quality will go up
So prices are not defined by personal value?
You're trying to dumb down my arguments
Depends on the system dummy
No. Im pointing out the inconsistency
Well you're doing a shit job
You said personal value decides prices and then you said competition would lower the price which contradicts the previous statement
Try again
A price is always defined by personal value, whether that goes up or down depends on the system
Young enough to be an anarchist
@Timo))) *whether that goes up or down depends on the system*
So where does personal value come into play here?
It always does in a free market
How
You just said competition would lower the price
Supply and demand, literally economics 101
Competition does lower the price
What's your point?
Stop running away form this obvious fuck up that you made
So then personal value doesnt decide price?
It does
In a free system
But you said competition lowers that price
right
Meaning personal value doesnt effect that
And there is competition because there is value put on those products
It does
Because the competition lowered the price that is supposedly already pre determined by personal value
No one's competing for a product no one wants
Im not denying that