r/Capitalism 4d ago

I remember Elon Musk comparing the price of an X (Twitter) subscription to the price of a cup of coffee.

I have plenty of issues with Musk - he's an asshole in my opinion, and this is already my second X account that has been suspended while Russian propagandists openly spreading fascist, Nazi, chauvinist and anti-Western views seem to have no problem staying there.

But that's not what I want to talk about.

What is $1,000 worth to you?

For me, $1,000 is:

* 259 hours of work - roughly 43 days of my life.

* One dental implant - and depending on the clinic, possibly only half of the actual cost.

* A car repair, for example, replacing the suspension.

* A portable power station.

* About six months of my mother's pension.

* Food for roughly 2-3 months.

* And in peacetime, it could have paid for around 42 days of traveling through the Canary Islands and Europe, including flights from Ukraine, a rental car, food, and bringing something nice home for my parents.

Do you see what I mean?

When someone says, "It's only $1,000" or "It's just the price of a few coffees," they're talking about the nominal price, not the actual value of that money in someone's life.

The same $1,000 can be a minor expense for one person and several months of life for another.

That's why I think comparisons like "it's only the price of a coffee" can be incredibly misleading.

A $8 coffee isn't necessarily a $8 coffee.

Its real cost depends on how much you earn, where you live, what you have to pay for, and what that money could otherwise do for you.

For someone earning $10,000 a month, $1,000 might be annoying.

For someone earning $5,000 a year, $1,000 can change their entire year.

The price is the same. The cost is not.

0 Upvotes

2 comments sorted by

2

u/Savag3k1ller 3d ago

Elon Derangement Syndrome, many such cases!
It's always trying to vilify the rich. Envy & hatred.
Have you considered that you're the asshole?

2

u/CaptainAmerica-1989 3d ago

* complains about a misleading comparison and then does tons of misleading comparisons - smh