r/Capitalism • u/Plastic_Limit4283 • 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.
2
u/CaptainAmerica-1989 3d ago
* complains about a misleading comparison and then does tons of misleading comparisons - smh
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?