Value

In a voluntary, free and accessible market, the price of an available good represents the amount (or value) a consumer places on it. Therefore, this puts pressure on the producer of said good, to generate the product at a reduced price in order to derive a profit from it or at the very least an amount that allows him or her to cover their own living expenses. Historically this has been achieved with the efficiencies gained through the assembly line and in more recent times through machinery and automation. Alternatives include efficient or optimal use of material, robustness and lack of breakability, easyness of assembly, and so forth. And if the producer also has competitors to contend with then s/he has an even greater need to find ways of being resourceful and as least wasteful as possible in the production of said good. All of these pressures while excrushiating for producers, are immensely beneficial for preserving the interests of consumers as well as the Earth’s natural resources. The greatest profit is, of course, derived from such things that cost little but are greatly valued, such as these very natural resources. This is why the creation of wealth can only come from extracting resource from the Earth which has produced it freely for us over the course of time. ┬áMost, if not all, other forms of transactions are mere wealth transfers.

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