| |
[76] Pike: Is value real? While I understand Hans and TheDude's viewpoints, I am still questioning if
the simplest value relation (SRV) could be simply a moneyless, two-commodity
market. Could an SRV example be two neighbors living in the middle of
nowhere (in a closed economy) in which one farms wheat and the other raises
sheep? Money is not needed as an intermediary and they only trade meat for
wheat. Even if they do not use money to relate value, they still know the
exchange-value of both items in the market. In this case, value is (still)
only mental, as TheDude stated. Is this not the most basic SRV? |
|