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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (840221)3/3/2015 3:09:28 PM
From: Broken_Clock  Read Replies (2) | Respond to of 1576767
 
There are different concepts of value, the most important of which is economic value
What's the value of an 18 year old Marine?
A 10 year old Muslim child?
A 40 year old Iraqi Christian business owner?

In your world they are worth less than a Kardashian?



To: i-node who wrote (840221)3/3/2015 7:09:45 PM
From: tejek  Respond to of 1576767
 
There are different concepts of value, the most important of which is economic value, the price at which a willing buyer and a willing seller will agree it an exchange transaction. That is true value.

There are other ideas of value but they have little or no significance. The concept of intrinsic value has some meaning, but it is of little economic consequence. Thus, Kim kardashian is, in fact, far more valuable than you or me.


And that is one of the flaws of a capitalist system as the US practices it.