4min chapter

The Futur with Chris Do cover image

183 - What makes something valuable? — with Ron Baker

The Futur with Chris Do

CHAPTER

What's Inside Is Worth Ten Necks

The value of anything, a commodity, product or service is solely determined by the labor that goes into it. We we've always tied labor to value. So if karl marks was right, then a diamond or a rock found next to a diamond in a mine would be of equal value. But yet, i don't see many rocks and jewelry store display cases a raw land that has no labor,. It trades every day for a fair market price. It's got no labor. People challenge me on this, solv ant, what about gold? What about bitcoin? There's nothing intrinsically valuable about anything except human life. Let's put that aside. We're talking commodities a there's

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