Arbitrary Values Ebook Tooltip An Essay on Pricing in Contemporary Society


Arbitrary Values

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  • Engels
  • E-book
  • 1230004381983
  • 02 december 2020
  • Epub zonder kopieerbeveiliging (DRM)
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We are often told that the costs of things are decided by supply and demand. This is false though. The true nature of pricing is a much more complicated and disturbing but then that fact makes the prevalence of a simpler happier explanation perfectly understandable. This economic fairy-tale meets the needs of the average person who tells themselves they’d like a general understanding of the world they live in when usually what they want is a theory or explanation that’s convincing enough to relieve them of the burden of any further thinking. The supply and demand account of things also feeds into the needs of pundits and other superficial “experts” who are expected to be able to provide agreeable and easily digestible answers to all of the public’s questions; they too will obviously be content with any explanation that satisfies their audience and preserves or enhances their own social status, regardless of how far said answers deviate from the truth. Regarding these two groups, it should be mentioned that a genuine innocence may be at fault here. While there is admittedly a great deal of self-delusion going on, those who accept the supply and demand theory of economics may do so with real conviction. A third group however deserves to be discussed. Said group is more likely to be made up of members of the ruling-class (bankers, industrialists, etc) and these individuals promote the idea of supply and demand because it helps to camouflage their own predatory business practices.

Since a satisfactory and benign explanation here puts the whole issue of pricing beyond critical examination, it is essential that, wherever corrupt practices proliferate, an explanation of this kind is maintained. These three groups then are all engaged in a mutually unacknowledged but equally gratifying conspiracy against the truth and because said groups happen to make up both a numerical majority of the population and its dominant special interests, the theory of supply and demand retains its standing as an unassailable dogma within the banality of the public consciousness. Certainly there are those who criticize the supply and demand theory; a mélange of philosophers and economists mainly but these professional critics are little more than squawking birds kept in cages. They have no direct authority over public policy and whenever they say anything that conflicts with the prevailing interests, they are safely ignored by those in power. The globalist regime maintains its zoo of dissidents in order to quell the public wave of existential terror that a naked vision of its dystopian hegemony would inspire; these dissidents then help foster the illusion of a democratic society when all the real machinery of power is monopolized by a dictatorial ruling-class. Because ordinary people don’t really want to confront this apocalypse and would generally rather justify their exploitation than fight their exploiters, they are ultimately willing, deep down in their enslaved selves where the fantasy of freedom is all the liberty they desire, to do whatever they can to assist in their own deception. As such it’s clear that all of those who lie to themselves or benefit from lying to others are well-served by the myth that pricing is decided by a natural mechanism immune to malevolent influence. This is the general utility of the lie.

That said, I’d consider it a personal favor to myself if anyone satisfied with the theory of supply and demand would now refrain from reading the rest of this essay. So far I have only outlined the fraud in question and this characterization of the matter can still be dismissed offhand with minimal effort by anyone inclined to do so. Reading further however will result in a confrontation with a host of specific points and demonstrations which will increasingly imperil any attachment to said theory not grounded in an absolute and mindless ignorance. I don’t have the right to deprive anyone of their false beliefs but, at the same time, those who cherish their illusions have only themselves to blame if they seek to test these after being given fair warning. In all honesty, what I wish here is to minimize the whining and untruthful argumentation that arises from the hordes of those who, encountering a disruptive truth, are always anxious to preserve their own misunderstandings. Spare me your masochism and hypocrisy. I’m not forcing the truth on you so don’t go seeking the truth if you don’t really want it. And if you’re going to build a ramshackle hut to live in, don’t curse the wind that blows it down.

[The Introduction of the Essay]



Oorspronkelijke releasedatum
02 december 2020
Ebook Formaat
Epub zonder kopieerbeveiliging (DRM)


John Xavier
Thomas Barnes

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