Dear Propertarians, value is subjective...

View this thread on: d.buzz | hive.blog | peakd.com | ecency.com
·@macaronikazoo·
0.000 HBD
Dear Propertarians, value is subjective...
Propertarians talk a lot about reciprocity. And rightfully so.

Reciprocity is the exchange of roughly equivalent value between consenting people. If you're benefiting from the efforts of others without reciprocating in kind, you *may* be a parasite.

But in my experience, they don't seem to talk about the fact that value is subjective.

Value equivalence requires a subjective analysis and thus cannot be objective and thus also cannot be "scientific".

Markets are how we calculate prices, but markets are simply machines of subjective value analysis.
👍