Quote from: Richy_T on March 19, 2013, 05:16:03 PM

Quote from: gapthemind on March 19, 2013, 04:50:40 PM

My country has cash so i go to you and tell you, Ok sir will you sell me, lease me or anything similar your land for 1billion $. You rub your hands thinking how good deal that was but in fact real value of your land is lets say 100billion $.

Free & fair trade leaves both parties the richer.

The value of a good is what the market settles on. If you sell your land for 1 billion, that's what it's worth to you.

Such are the naive views of those who worship the free market.

Let me correct you: the value of a good is not what the market settles on. The market settles on what the knowledge between two parties have about a good and it's supply and renewability, their perceived individual projection of their need for the good in the future and the unique economic and often peculiar situations both parties find themselves in. Their knowledge is also almost certainly devoid or significantly lacking in the ramifications of the consumption of that good, both in terms of depletion and effects on the world, and furthermore, even if not lacking, often indifferent. Anyone who can think clearly can see that.

Since you clearly cannot see that, I categorize you as someone who can't think clearly on the subject, given your general worship of the free market.