• Fredselfish@lemmy.world
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    1 day ago

    Jewelry is not under valued, what fuck you smoking? My best friend run a Jewelry wholesaler business that shit is mark up 1000% especially diamonds.

    • theparadox@lemmy.world
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      23 hours ago

      Personally, I think “pretty” things kept artificially scarce and heavily marketed to the point that there is a social obligation to purchase them for certain occasions are worthless. I have no idea why you are trying to pick a fight about this stupid shit.

      Under capitalism, the economic system in which this “heist” took place, things are worth what you can sell them for. That’s the capitalist definition of value. If you mark them up 1000% and people will still buy them then you can say they are worth 1000%.