#market value

[fishtankinsurance]

Is $100 too steep for viewing someone’s weener (not in person) and telling them it is very small?

[mikufunfacts]

How much is Hatsune Miku worth?

miku fun fact #251

miku currently costs ¥17,600 before tax, which is roughly 118 USD. her worth in USD is subject to change due to the variability of cross-currency conversion rates.

[lindenwalker-studios]

A t-shirt and print design I did recently.

Image Transcription:

[A black and white digital painting of three punk styled zombies. The zombies are decked out in liberty spikes, mohawks, leather, and studs. The zombie in front is crouched in a crawling motion, making devil horns with his fingers. Safety pins and battle tabs are pinned around the image. And in a faux cut paper fashion are the words "Your market value will kill you."]

End of Image Transcription:

[yngwrthr]

Marx’s theory of value (re divergence of value from price) explains the foundation of surplus profit, which is significantly related to the unprecedented wealth of contemporary moguls, and its association with technological advancements/ increased productivity— eg in industrial production, specifically improvements in machinery, more productive factories. With related technological improvements, more productive units become the measure of price (exchange value). But these technological improvements are not instantaneous — eg because all branches of production are not the same. Thus there are varying degrees of productivity. And the least productive initially influences market price/ exchange value. Hence surplus profits for higher productivity, while market price fluctuates above market value. However, after a certain point, surplus profits “equalize” with average profits via competition, market price gravitates closer to market value, and the rate of profit becomes the same for capitals across the board. Again.. this presupposes that re- production of means of subsistence/ labor/ society is determined by production of surplus value (profits / rent) and the “law of market value”.

Finally, Marx’s examination of surplus profit notes how the law of market value creates a “false social value”, based on exchange value instead of value, that exploits society in terms of consumption/ consumers. For me, this offers an important theoretical foundation for organizing exploited workers at the point of consumption in addition to organizing at the point of production. And not only against capitalist producers but against the landlords as well; particularly with present, even more exorbitant rents and related surplus profits.

[j-august]

The habit thus early forced upon him, of regarding himself as an actual producer, i.e. as a maker of articles with a definite market value, must have been beneficial to him. The existence of a class of real patrons, whose tastes had to be consulted, and whose pockets contained actually interchangeable coin of the realm, must have placed some insistence upon the social aspect of art, and have helped the boy from making the mistake which so many subsequent artists have made, of considering their work merely as a means of super-individual or universal communication.

Walter Sickert on JMW Turner, quoted in Anthony Bailey, J.M.W. Turner: Standing in the Sun

[sizzysizz420]

ME TO ME : I see your value and I raise you 50😍💖

[indizombie]

Essentially, capitalism is the process of securing evanescent material advantages through the permanent destruction of its own material basis. It is a system of total consumption, not simply in the commercial sense, but in the sense also that its necessary logic is the purest nihilism, a commitment to the transformation of concrete material plenitude into immaterial absolute value. I expect, therefore, that – barring the appearance, at an oblique angle, of some adventitious, countervailing agency – capitalism will not have exhausted its intrinsic energies until it has exhausted the world itself. That would, in fact, mark its final triumph: the total rendition of the last intractable residues of the merely intrinsically good into the impalpable Pythagorean eternity of market value. And any force capable of interrupting this process would have to come from beyond.

David Bentley Hart, 'What Lies Beyond Capitalism? A Christian Exploration', Plough