/lit/ - Literature

>>11785749
>value is how much people want a thing
No, that is demand.

>the markets are the distributed manifestation of people's desires for products
No they're not. There are other ways to make and distribute products without markets. The goal of capitalism is not to create things people want, its to make profit for the capitalist.

>but it is people's behavior that ultimately dictate what things are worth
No it isn't. If you set the supply and demand of a pencil to be in equilibrium, and the the supply and demand of a car in equilibrium, the car is still going to be worth more because takes longer to make and the cost of the resources to make it are higher. The pencil and the car and aren't going to be worth the same if the demand for them is the same are they?

>his is why sociology should start at the level of the individual
But individuals on a broad scale don't matter. Think of all the great kings and queens, they came and went but none of them upon attaining the throne managed to change the fundamental system of feudalism did they? They only changed its character. It took bourgeois revolution in the form of the English Civil war for society to truly change.

>>11785756
>>11785785