Replying to Avatar Tybbs

it all ties back to how we assess value.

some values are not monetary and are not incentivized by capitalism

we waste enormous amounts of value because we cannot quantify or perceive it in terms of capitalistic gains and losses

if it is more economically favorable to waste value, then that value will be wasted under capitalism
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Zach⚡️ 2y ago

I think the main thing is just that value is subjective.

For instance, a forest by my house may hold subjective intangible value to me for sentimental reasons, or even due to my love of nature, but I would not pay more for it than the people who want to use the lumbar or land would pay for it.

I don’t think this is a failure of capitalism, I think it’s just a hard reality about how we all have to try and compromise on our personal values to achieve a free market with inter-subjective values. It can be difficult to understand why people value things differently than we do ourselves, but allowing for this is crucial to maintain a free and fair society.

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Tybbs 2y ago

the capitalistic assessment of value is baked into the very language you use to express these ideas.

value is subjective. i agree. in my ideals we should not give one conception of value (i.e. monetary) more importance than another.

when we attempt to assess one kind of value in terms of another there is a sort of value-information-loss that occurs, because some sorts of value simply aren't able to be effectively expressed in terms of another.

a person's value and potential, for instance, must either be made economically viable or be cast aside for the sake of their own survival. in doing so we lose much of the potential to create non-monetary value that we possess as humans.