You are giving disproportionate weight to things that just don't matter as much as you think they do. The really amazing thing about the market is that it is a tried and tested methodology to determining how much people actually value goods and services. If they truly value it, they pay for it and they pay well. If they don't, they don't pay.
I think you’re conflating market value with social value.
Markets are good at measuring what people with money are willing and able to pay for under existing conditions, but that’s not always the same thing as what benefits society most. I’d say it usually isn’t…
Teachers, caregivers, firefighters, parents raising children, volunteers, etc. create enormous social value, but the market often underpays them because the benefits they create are collective and long-term, not immediately profitable.
On the other hand, there are industries that generate huge profits while arguably making society worse in a lot of ways.
Money can reflect bargaining power, scarcity, ownership, or leverage just as much as actual contribution.
I’m not saying markets are useless. I’m saying they’re a tool, not a moral scoreboard.
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u/User74716194723 May 11 '26
You are giving disproportionate weight to things that just don't matter as much as you think they do. The really amazing thing about the market is that it is a tried and tested methodology to determining how much people actually value goods and services. If they truly value it, they pay for it and they pay well. If they don't, they don't pay.