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Comment by vrganj

14 hours ago

Who is "us"? Because in capitalism, only people with capital get to decide what has value.

The values of the poor are not reflected. The values of the indigenous are not reflected. The values of the non-capitalist are not reflected. The value of the unborn is not reflected. The value of nature is not reflected.

The glacier doesn't participate in the market and neither does the river. Are they without value?

> As if this never happened before capitalism?

That's correct. Look at the graph I posted above, you'll notice that things weren't always this hot. Before capitalism they sure weren't.

No, every one participates. Ordinary people the most, because the capitalist first and foremost need to provide value to us. I'm not sure what do you mean by rivers, glaciers or others not participating in the market? Isn't it evident people assign great value to natural resources. The world is a bit older then 120 years in your graph. There were a lot of natural disasters that wiped quite a lot of living beings from the planet.

  • > No, every one participates. Ordinary people the most

    That is just straight up not true. The tribal elder in the Amazon, who's forest capitalists are burning down never got asked how he defines value. The child not yet born was never asked if it's atmosphere should be heated up for data centers. Neither was the fish in the river or the river itself for that matter.

    > what do you mean by rivers, glaciers or others not participating in the market?

    I'm not sure what's unclear. The glacier melts as a result of somebody who's not the glacier deciding "value" on a market. In reality, the market doesn't decide value. Value is not price. The market decides power structures and violence distribution. The glacier has a value completely separate from the market, and not derived from it.

    > There were a lot of natural disasters

    Why are we pivoting to natural disasters now?