Comment by philipallstar
12 hours ago
> the million dollar stock deal could seem a bit like trading beads to Native Americans for Manhattan Island
But in both cases the value only existed because of the people offering the deal. XeroX doing nothing with a UI or native Americans doing nothing with some land would mean the UI and the land would continue to be worth nothing. It was the others coming with ideas and effort that made them valuable.
"Valuable" as quantifiable in a capitalist economy.
You just reveal your own ignorance by equivocating value with monetary value.
Dollar value aside, if the argument you’re making is that the land now called NYC would have equivalent or greater value if it were today as it was then - that the subway system, roads, schools, hospitals, restaurants, apartments, etc. have no increased relative value over the undeveloped land - you’re likely to be considered ignorant by most of the inhabitants of the developed world.