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Originally Posted by Luciom
Worthless= value is 0.
Priceless can mean 2 things, either that it is impossible to find a price for something, in the sense that it could be anything from 0 to infinity and you have absolutely no way to determine no matter how imprecisely where the price could be in a range, or that value is infinite.
The first is never true as it is never true that all values between 0 and infinity are equiprobable.
The second is never true as nothing has infinite value for humans.
So any use of priceless as a word to describe the value of something in an economics setting is wrong, as it is any ideology that uses that term.
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you are out of the domain of human externalities and into giving objective value to things that aren't human, or human properties.
No value can be objective, value is subjective, it is a negotiation between subjects. This is inherent to value.
Nature = object.
The point you are missing is that you cant reduce nature to economics, thus it is priceless. You cant reduce the object to the subject.
You might try and find an economic solution for problems involving nature, but if you internalise that solution, view the mediation as the thing itself, then one has an alienated view of nature.
Economics might try to put a price on something, but that is purely symbolic, a representation. The important thing is to keep this in mind when making attempts to come to economic meaning.