What's
IT worth to you?
IT has not been described nor defined. This essay is not about
IT. This essay is about the concept of
VALUE. This essay is about the concept of the
VALUE of
IT; The value of
IT and what
IT can be traded for.
Imagine that you have a pocket full of "
IT" and you are hungry. Is the value of your
IT sufficient to motivate a food vendor to trade you a meal for some of the
IT in your pocket?
I was once as ignorant and uninformed as most of you presently are. You see, I am also a government public school graduate. Which means I had no knowledge regarding the value of
IT in my pocket. The case could be made that this failure to educate was deliberate. It is my intent to provide information to negate the government's deliberate attempts to keep you stupid.
What if the
it in your pocket is this:
What if the
it in your pocket is 371.25 grains, 0.84 ounces, or 0.77 Troy ounces of pure silver?
If one engages in trade (per Marx in his book Capital) the value of the objects traded is objective. The value of the objects is based upon the labor expended to acquire the necessaries of life. A value for equal value exchange. That is the baseline Marx used. This analysis was logically self-consistent.
All value is subjective.
