| This question <698|698> overall <26|28> Braydon: <968|28>. |
| Question 20: Bring other examples of relative “properties” such as beauty or use value. |
| [27] Braydon: One of the most obvious example of a commodity with relative properties is money. It is a minted coin or printed piece of paper and we as a society place a certain value on it. $100 piece of paper is of more worth than a $1 piece of paper. It is a relationship between the properties of the thing and society's bartering system. |
| Hans: Money is not a property. The properties of money have a social origin, but this does not necessarily make them relative properties. In subjective utility theory, value is a relative property, but in Marxian theory it is not. |
| [27] Braydon: Art is another example. The ever famous expression, what is art? comes to mind. Art has properties which are innate in the art, ie. color, shapes and forms. They are essential properties of the art, but accepting it as such is only a matter of opinion and it is “in the eye of the beholder.” Information can also be thought of as having relative properties. It has distinct properties, ie. words and numbers. The relationship between these properties and an individual is purely up to the individual himself. What value does scientific information have to an artist? |
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