"
True value" is a pillar of capitalism and that pillar is being eroded by the
deluded entitled masses and whacked out
government laws, policies, and regulations of today.
What is
true value?
That should be self evident. It is what "
something" is worth.
Something may be anything that is exchanged for money; in the most simple terms
something will be a product or service.
What determines the
true value of
something?
Scarcity and demand.
That is mostly what one needs to know about economics except for the "
poison" that government injects into the system.
Poison screws everything up.
Poison pollutes minds and markets. This
poison makes conversations of economics difficult because most people become mired in the
poison policies and arguments; those that try to even bring up the concept of
true value do it so trying to frame it from the point of view of
poison. This is impossible because seeing the big picture is hard from the bottom as opposed to the top; the top is from the pure view,
true value, not the bottom view of
poison, the branching down of
something into what it was not intended to be.
So, what is this
poison?
Poison is
government laws, policies, and regulations. It is forcing features onto a
product that the consumer may not necessarily want. This means more work than necessary is put into a
product than would otherwise be done. This makes the
product more expensive since
it takes more to produce it otherwise by default.
All of this should be obvious, but it is not.
Poison has infected almost
everything and we are blinded of
true value. Only
black markets come close to
true value but the prices are
poisoned and altered by
legality.
Today we are in a crisis. Both workers and government are intent on
skewing the
market to what they think is fair.
Today we saw the strike of fast food workers because they want a living wage. Is that the
true value of the
service they perform? A young adult of fifteen or sixteen can do this
job; is this not a common gateway into the workforce? A
job that can be done by someone with no experience has
very little value.
Regardless of how many adults trying to support a family or workers with a
college education trying to repay student loans work these jobs it does not
elevate the value of the
service. They are replaceable by a young inexperienced individual.
Just for cruel amusement I would like to bring up the point that Henry Ford
paid his workers well enough to buy the
products they actually made. Fast food workers do
make enough to buy the
product they make.
I move on to
Obamacare; mockingly it is officially named the
Affordable Care Act (ACA).
Obamacare is not
Socialism,
Communism, or
Capitalism. I do not know what "ism" it is; I don't think there is an "ism" for it. It is a compulsory directive for people to buy something else be fined by the IRS else fail to pay the fine go to jail.
The concept is
you buy something you don't need or can even possibly use to fund someone else that needs it. The government is forcing you to pay for a service you don't need.
Now someone gets a service at a lower cost than usual because
you helped pay for it. Now they might use it more often. The more it is used, the more scarce the service becomes.
Scarcity and demand drives up cost. This service you don't need becomes more expensive and now you need to
pay more because it is the
law that you buy it.
Can you see the
poison now?
Let us backtrack to fast food workers with college degrees. They owe a lot of money because of student loans. Once the government got involved in student loans education became more expensive. That is because government student loans were
subsidized by you, just like
Obamacare makes people
buy services they don't need. You funded student loans. Government loans are guaranteed by
your tax dollars.
Once loans for college became more accessible and guaranteed by the government, hence your wages, more people went to college. Society urged the populace to go to college as opposed to trade schools. The social trend became college.
Social secret: trade skills have been socially devalued, but that does not create a scarcity of the need. Pushing people out of trade skills through social pressure increases scarcity of the skill thus
increasing its true value through scarcity. Become a tradesman. How often do plumbers go broke?
I do think that this gives the basic illustration of cost and effect of
poison on the system. If you disagree, ask a question.
