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by godtoldmetodoit 2227 days ago
"If the market doesn't value it, it has no value"

This is a sick way of thinking about the world.

A parent doesn't get paid for the work they do raising their child. Better flip burgers.

The lady who wants to teach under privileged youth art. Has no market value, better to flip burgers.

The next JK Rowling wants to write, but her writing produces no immediate market value. Best to just flip burgers.

The man who wants to help the homeless. Darn, next to no market value, better flip burgers.

I'm sick of forcing everyone to live as a slave to the market. The market is not perfect. The market does not solve every human problem. The market cannot accomplish everything we want to do as a species. The market is a tool, let's treat it as one and stop worshiping it.

2 comments

We're specifically talking about the man who wants to write things. Not that other stuff you listed. We have ways for writers to make money from their work if other people actually want to read it, whether it's a book or a blog or a technical manual. It sounds like he can't make money because other people don't want to read his writing enough to pay for it even though they will pay for other people's writing.

Have you seen how many cheap books 2nd hand shops try to sell? Nobody wants them. They often get dumped. Libraries continually dump books too. Some writing is so worthless that people won't even read it for free. That's not a value like teaching underprivileged youth art. It's a zero-value or negative value.

Money is only part of the value relevant in a market transaction. There's the remaining value in a transaction, to you. I'll pay $10 for a very nice take-out hamburger, served with a smile. But I wouldn't pay $1 for that same burger, if the server insulted me or especially my family.

So some of your examples have a short-vs-long term aspect, but others seem to miss the relevant non-monetary aspects, like feeling like you're "making a difference", status, control, beliefs, etc. The fact that things other than money matter on both sides of trade does not mean that markets are failing.