RE: The Steem Complainer’s Paradox: No Good Content to Read, Or, Too Much Competition For Votes? by heymattsokol

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steem · @heymattsokol · May 27 '18

$0.06

The market disagrees

👍 the-dagda

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@jelleverdoodt · May 27 '18

Exactly. The market decides what's quality and what is not.

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@the-dagda · May 27 '18

Can you explain how the market has any authority over what is or is not considered good quality?

From what I can gather the market dictates what is popular/convenient/valuable/available, it does not dictate what is good or bad. 

I know I'm a jaded, cynical individual, but even from a purely free market capitalistic point of view, I still don't see how Coke is better quality than Pepsi, even though (using your logic) "the market" says otherwise.

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