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Joined 3 years ago
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Cake day: June 17th, 2023

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  • Well, as I said: not ALL pricing is entirely made up. In particular, in a production chain it makes sense that the price increases with further processing. Why would I sell a gear for less than I paid for the metal I made it from? Why would a bicycle manufacturer sell the bike for less than they paid for the sum of its parts? You can reduce the profit to nothingness, but you still need to assure a living wage for all the people involved (as long as you have morals). That means that there at least is some rules that need to be followed in pricing. And complicated things tend to be expensive. A computer chip must always be more expensive than a gram of sand and that’s not arbitrary.

    There are other incentives for why people labor than just getting paid.

    I’m pretty sure that many unpleasant jobs like mining do require monetary recompensation if the task is not pleasant by itself. I can’t imagine how else one would incentivize this kind of labor.