Keep the game, change the rules

Today I’d like to discuss an article I read some time ago on listverse (full article). The article describes 10 economic issues that we are less familiar with. I will quote the article for a short description of these issues and try to situate them in the context of sustainable entrepreneurship.

10. Paradox of value


Also known as the Diamond-Water Paradox, the paradox of value is the contradiction that while water is more useful, in terms of survival, than diamonds, diamonds get a higher market price. This paradox can possibly be explained by the Subjective Theory of Value, which says that worth is based on the wants and needs of a society, as opposed to value being inherent to an object.

The Diamond-Water Paradox is an extremely important and difficult problem when sustainability is involved (which it always is). At the moment we’re using our planet’s reserves at an enormous pace. The real…

View original post 1,437 more words


About leyssensjan

WHY I DO WHAT I DO As a designer and entrepreneur, I want to develop systems that have a strong impact on short term and will guide society towards a more sustainable, social and economically different system in the long term. WHAT I DO I blog about and do projects with people and organisations driven by passion. I'm always on the look for new projects, ideas and people to meet, contact me!
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