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Friday, March 1, 2013

All Value is subjective!




All Value is subjective!
 
     What is valuable to you can either be more or less valuable to another. What is your labor worth? What is your product worth? What is your life or the life of another worth? What I am going to go through are three simple subjects that show the variances in value based upon personal opinion and indoctrination leading to unrealistic expectations in value. These subjects are Money, Life and Death, and labor, and how each one of them is a choice left only up to you.

      In the case of currency, value is completely dependent on the personal requirement or want of that currency; in the market it is dependent on the combined value of one currency versus the valuation of the products that are in that market. In relations to other currencies it is set by government, the value of one currency to buy an equivalent of another sets the value of that currency. But what is the personal value in currency? What do you associate as being a worthwhile exchange for your currency? It is more or less intertwined in the valuation of the product or service in the eyes of the producer. If one sells his product for 100 units of your currency, you can have a subjective value of that product more or less than the value set by the producer. You could say that you value your currency more than the product and decide to not exchange for that product. Or you could decide that having that product or service is more valuable to you than the currency. That is the subjective value in the markets. If left to a free market system you would not incur penalties for your exchange through taxation. The use of regulations and restrictions, taxation and forced compliance leads to higher market prices to make up for lost earnings paying into a system of theft.

     Life and death are things that most people do not normally associate the word Value with unless they are referring to a specific set of values that they try to live by. What I am talking about is the way that some see the lives of certain individuals over others as a higher value. When the Newtown Connecticut school massacre happened the entire nation looked on with tears and heartache, looking for answers and demanding a response. But the only response on that day came in the form of a drone strike in Pakistan that led to the deaths of 6 innocent civilians. So was it the Pakistani’s that committed the school shooting? What does the drone strike have to do with Newtown? Nothing at all actually, but to show the value of one life over another I wanted to use this as an example. The days following I talked to a few people who when confronted by the fact that our country kills innocent citizens of foreign countries will defend the practice of governmental murder by their idea that” hey, it’s a war, that’s just what happens”’ or even “well they are bad people” First I will say this, the combat situations that have resulted since 9/11, none of them have been congressionally approved, so therefore are not in standard rules of war. Secondly, how do you justify and determine if someone is a bad person when you have never met this person, or have even been personally injured or threatened by them? They feel that the teachers and children who died in Connecticut were somehow more valuable as human beings than those that lived in Pakistan in the last year. They feel that the victims of The Oklahoma City Bombing were more valuable than those that the government murdered at Mount Carmel in Waco Texas, and that those who have been murdered by our Government as a result of 9/11 are less valuable than those that were killed in 9/11. Another way to look at the subjective value of life is abortion. Some will say that the unborn child is the most valuable, and will risk all to save them from harm even by force on the mother to which it belongs, but in that same breath can call for troops to storm the borders of nations far away. Without thinking they have created the value that this unborn fetus has more value than a person that has lived life up to this point. It is with that that I leave this topic for you to conceive your own thought and philosophy.
 
     What is your labor worth to you? What is it worth to your employer? Are you currently working for less than your Value, or have you and your employer contracted your labor for a mutually acceptable wage? How can you put a price on your labor? Or can you? When I was growing up I did small jobs for small amounts of money, knowing that I was learning and that my time was worth the price to which I was to be paid. As the years rolled on I began to learn new skills or experience to add to the ones I had, my time became worth more and so as such the price that I wanted for each hour of labor would increase. Now I find myself in a situation that my job no longer stays up with the value of my time and labor. The living wage that I must accept in order to pay bills, eat and clothe myself has for some time stayed the same. The skills that I have advanced upon or even learned new ones has left in my mind a new value for my labor, but the job that will pay that wage is hard to come by. So what is the value that you place on your labor? You may have a price that would help to pay for all the expenses of life and leave a little more for spending in any way you choose, or you could have a price that does not leave any money for extras or frivolous expenditures, it is your discretion to take a job that will either meet or not meet your requirements and value limit

     Currency can change value almost instantly, wavering with the markets and subject to devaluation (as is the case with the American Currency) Life has a value that only you can decide on, only you can set that value and to set it to whatever scale you choose. You may value the life of a small child in your hometown more than the small child in a military occupied country, you may value the victim of circumstance more than the victim of government extermination, you may even value a life not yet lived to one lived up to fit for military age. Labor is a hard one to set a value to and acquire that value with a mutually beneficial contract between employer and employee, especially in the economic hardship times that we as Americans have been used to for a while now. I hope this shows that all value is subjective and that all value can fluctuate and change due to current conditions. We all must set value to each and every thing that we encounter.
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