Message from @Subhuman✓ᵂᵒᵏᵉ
Discord ID: 354214709186265088
nope
What's the value of a piece of bread?
Depends on the circumstances
In the west it's less than a dollar
The value is decided by the socially necessary labor time it takes to create it.
@Deleted User fucking goblin just read this https://media.discordapp.net/attachments/308950154222895104/354213873370267650/IMG_20170901_185224.jpg
Wrong
Why are diamonds so expensive?
They're cheap as dirt to make
We're talking about value not prices you fucknugget
somethings value determines the price you dummy
@Deleted User are you going to read it or not, jizzknuckles?
Only loosely.
Right, but the actual product does not
It all depends on what the people value
Great products can sell nothing
We are talking about market value, not subjective personal value
Same thing
Are you mental?
Market is made of people
<:FeelsNeatMan:313362671065890817>
So because I value a cigar to be 1 dollar does that make it one dollar?
If enough people do yes
Why tvs are getting cheaper
Because they are easier to produce
Because more people want it
Are you saying that people value TVs less therefore its cheaper?
You just contradicted yourself
This is rediculous. Personally I do not believe in property.
yes
They value tvs more
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?