Comment on Diamond market
HawlSera@lemm.ee 1 day ago
The fact that the human race sees scarcity as a good thing…
Is everything I need to justify misanthropy in its most literal form (Hatred of humanity)
Scarcity of what? Food, water, sanitary infrastructure, shelter, healthcare? Yeah that is bad.
Scarcity of pretty rocks, some people want to wear as accessoires? Fine whatever. Also i wouldn’t mind the mining of scarce and pretty rocks, if it wouldn’t go with the destruction of the environment and human rights abuses.
“Fine whatever” until someone thinks that the pretty rock that we used to base the entire financial system around is what we still should base it around, despite the fact that the whole economy could crash if someone digs a hole in the right place or develops some new refining technology.
The whole economy has already crashed multiple times, based on frivolous financial speculation on a massive scale with fiat currency. Gold, which is not a rock by the way, is at the very least finite so it inhibits the ability of these people to print fake money and burn it up, destroying people’s lives in the process. I’m not saying a gold standard would be preferable, but I do believe the question to be far more nuanced than “idiots wanna base money off of rocks, instead of just feels as we do currently”.
Did you really just do an ‘um askshully’ because I called gold a rock?
Scarcity of anything is a bad idea. Shouldn’t we WANT to live in a land of plenty?
Well, if we had less oil, gas and coal it could make things a lot better with climate change.
Abundance can also lead to wastefullness. But generally speaking it just doesn’t matter if pretty rocks are scarce or not, if they don’t have any value in fulfilling human needs.
Well, we do label everything nice as “exclusive”, as in excluding others from ownership. So how nice things are deemed to be seems to be fuelled by pure spite for other people. You can’t have it, so it’s “exclusive”, meaning good and desirable. Our values in modern societies are just awful and misanthropic.
Incorrect. Scarcity refers to quantity, not quality.
Commiunism@beehaw.org 1 day ago
It’s not so much people being attracted to scarcity, but decades of diamond industry propaganda having an effect on our culture. Even now there’s an active effort being put by the diamond industry into keeping natural diamonds the “forever gem” while artificial gems made in a lab are being portrayed as “everyday gems”, as in less prestigious.