Power of Purchase

How does money effect this world? How significant is the prospect of the dollar value associated with… everything? This is what I seek to analyze, process, comprehend, and understand.
Considering money is the universal credit system for valuation of virtually all products and services on the planet, money probably has quite a significant effect on the world.

To begin to analyze this, understanding the cause and effect of the money value of any given item, might be a reasonable starting point. The cause of the increase or decrease of the value of an item is typically supply and demand, and more specifically, the quantity, quality, and difficulty of acquirement of an item, compared to the perceived importance and requirement. So, in theory, the only way any object or service can attain a high dollar value, is as a result of people thinking they need something enough to pay that amount. Therefore, a different perception of importance in this world would make a drastic change in cost of items.

Even though greater desire for an item is necessary to increase the value, that doesn’t mean greater desire will always increase the value. Since quantity and difficulty of acquirement are also variables effecting value, high quantity or low difficulty can sometimes counteract an increase of demand. If there is a high enough quantity or low enough difficulty to produce, the value may not go up, or even go down after readjustment of resources, allowing quantity or ease of production to further increase. 

The effect of the money value of any given item is the quantity purchased and produced. If a higher quantity is produced as a result of higher dollar value, more resources will be put toward producing it as well as toward making the product easier to acquire and of better quality. All resources on Earth are limited, and when relocated toward production of one item, less of that resource remains for use of alternate items. For any product, including variations of quality or style of a product, many varying types of resources are used, some of which are in the form of physical material used to create the item itself, to manipulate/ transform the object, to package, transport, and to store the product. Besides physical material for a product, time is another relevant resource used, in terms of human interaction for production, management, and further development.

The expanse of total resources used for any typical product is perhaps ill perceived and underestimated with a typical lack of awareness and thorough comprehension. An item with an appointed high value is prioritized for these many limited resources. Based on my perspective, if a logical, rational, and intelligent valuation of objects or services were applied, the entire economy, society and therein world would be theoretically significantly -if not completely- different than the current scenario. Any products lacking in practical, functional benefit would have a fairly low value. Products and services for entertainment or personal preference wouldn’t necessarily have zero value, as stress release and enjoyment can have a beneficial functional effect. With a lower but existent value on entertainment, it would still be allocated its position in culture and society, just with a lower quantity of resources used, in ratio to practical elements. Perhaps a profound difference would be value in variances of products. With function prioritized, and the superficial aspect considered minimal in value, much fewer variances of a product would be produced. Therefore resources would be used much more efficiently for production and development of individualized product.  

So keeping in mind the overall effects of the value of -nearly anything and everything in this world-, being a seemingly significant and relevant influence on the allocation of the limited resources we have, it would seem rational to take care and caution when making our contribution to the cause of this effect, being quantity of purchase. If able to comprehend such a concept, and care about much more of this world than oneself, then if the scenario happens to arise with the capability and perhaps temptation for excess purchases, the purchases would still be taken into significant consideration. The potential to make an eccentric improvement on this world as a whole, may reside within the understanding of the components of contribution in combination with the power of purchase.