Message from @Jakob Fon Torkar
Discord ID: 671128370632982549
Can we get some side by side images of Budapest and Brussels?
of doctors and engineers?
ah yes, the classic, "let me hand pick the worst of a city I hate, and the best of a city I like for no reason at all"
I'll let you post the opposite of those, and I'll still choose Budapest
Go ahead
Having actually been to Budapest I can tell you that there's places there that are actual shit holes
More culture and history than the post modern shit hole copy of the Tower of Bable you call a parliament
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It's a pretty cool building
It's a disgusting afront to humanity
ironic you say that
It should be burned
I hope some muzzies get the right idea and blow that thing up
true
We know this FEEL
What is the best argument against communism?
The killer argument against communism turned out to be the water-diamond problem.
Classical economists like Adam Smith and Jean-Baptiste Say were themselves perplexed by the paradox that a diamond, a mere bauble, held more value than water, which is essential to life. With no clear answer to this paradox, Karl Marx was able to push his claim that all of the value in a product was provided by those who labored to produce it, which we know now not to be the case.
The problem for Marx was that no sooner did Book One of his opus, Das Kapital, go to press in the late 1860s than three separate members of the Marginalist School, Jevons, Menger and Walrus, published proofs for the problem—very persuasive and long-accepted proofs. “Marginalist School” because the winning concept turned out to be “marginal utility.”
The real question is, “what should be the price of one more diamond versus one more glass of water?”
In any case, the weight of historical interpretation is that Marx, who would certainly have read the proofs, then knew his entire premise to be wrong. Backing this up is the historical fact that Marx did no further work whatsoever on his opus, despite much pleading from his followers and the promise of generous support from his benefactor, Engels.
Books Two and Three were published posthumously by Engels from Marx’s unimproved notes and Marx never started work on Book Four, which was to be the crowning volume that detailed communism. There is nothing left of Marx in economics—no theorem, no algorithm, no proof, no nothing. To the extent he appears in economics texts at all it is mention of him as a minor student of Ricardo.
The net of the water-diamond paradox is that Marx’s communism can only impoverish. It is a human tragedy that so many continued (and still continue) to pursue communism as a rational methodology. This ongoing human tragedy continuously proves, communisim is not a rational methodology. (It is not rational to continue hoping that something thoroughly disproved will “work this time.”)
oh god fuck off with your copy pasta
@Ondsinet A new one for ya
...The answer to the Diamond problem is that theres an artificial price on it? Theres a lot of diamonds But people just sell less off Them so the price stays high?
A value of a product is provided by those who worked to produce it isnt that weird? I though this was believed by capitalists also?
What even is the 'diamond problem'
the biggest problem with diamonds is that 99,9% of them are practically worthless and it was a marketing scam that made people believe that you need a diamond wedding ring
<:ohsargon:451135765368274954>
<:makes_you_think:382980749780844554>
the silver and gold is worth more then the diamond in actual value when it comes to jewellery
(((de beers)))
The value of a Diamond is how much people are willing to pay for it. If no one wants your sparkly rock, it has no commercial value no matter how hard you worked on it.
Given that a glass of water is something people want to buy but is plentiful enough to out weight its demand why would they pay more for a glass of water than a diamond.
Thanks for proving my point.
i Wonder if Some day people will have the same attitude towards gold
gold is actually rare and useful outside jewellery. we can grow diamonds in labs just to make cheep diamond tipped drill bits
gold is only tangentially usefull. Gold reserves arent kept for its value as a usefull commodity but as a material with an arbitrary but reliable value
if Gold wouldnt have its cultural significance its Value would be way lower
Uh, maybe?
Its extremely useful in electrical components. It would probably stay stupid expensive because of that market alone.