RE: Private and Personal Property: A Distinction Without a Difference

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Private and Personal Property: A Distinction Without a Difference

in voluntaryism •  8 years ago  (edited)

It takes more than a value judgment to make property. Also, the producer of a good isn't the decider of value; the consumer is. Thing are only worth what consumers are willing to pay.

Except "IP" isn't a consumer good because, as I've demonstrated, it's not even property

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I don't think you did demonstrate that IP isn't property.

I reject the idea that the Consumer OR the Producer of a good decides the value. Emotional value, sure, but monetary value, no. It's not an OR situation. The producer gives it a value, and if their goal is to sell it, they may or may not lower the value to match the consumer's valuation.

Can you demonstrate a difference between emotional and monetary value given that value judgments happen in the minds of the observer? As I said earlier, value isn't "in" things; it's in the mind of the observer. I get "emotional value" from using cannabis, but it still costs money. The fact that I'm willing to part with the money in exchange for the cannabis means I get more "emotional value" from the cannabis than I do from the money.

Again I don't see how there's a difference given that assigning something a "monetary value" is the same as saying you value it more than that amount of money. I think you've made a distinction without a difference.