Talk:Objectivist theory of value: Difference between revisions

Content deleted Content added
Line 39:
 
::Have either of you read [[Capitalism: the Unknown Ideal]]? Maybe you should, before making pronouncements on what objectivism is and isn't... [[User:Dullfig|Dullfig]] 17:39, 24 November 2006 (UTC)
 
:::I have, and it's a totally different subject. Subjective theory of value says that the reason why different people are willing to pay different prices for the same thing is because the same thing can be of different usefulness to different people. For example, if I have 3 hamburgers, then I'm only willing to pay a very low price for an 4th because my hunger is satiated. If you have zero hamburgers, then you are willing to pay more than me for that same hamburger because you're more hungry. Rand wouldn't disagree with that. It's not in conflict with her theory of objective value at all. "Value" in the subjective theory of value simply refers to price. "Value" in the subjective theory of value doesn't refer to "worth," but price. Value in Rand's theory refers to worth, not price. Two different subjects.[[User:Anarcho-capitalism|Anarcho-capitalism]] 07:38, 23 January 2007 (UTC)