Adequacy : Moderate and appropriate nature. In the early days of the Roman Empire , Emperor Tiberius hosted a grand feast and invited an inventor. The inventor presented a glass as a gift, and the emperor inquired about its features. When the inventor claimed that the glass was unbreakable , the emperor dropped it on the floor. Only one side was dented, and the emperor touched that spot, restoring it to its original condition. Astonished, the emperor asked the inventor, “Have you ever taught anyone how to make this glass?” The inventor replied, “I did not tell anyone.” Then the emperor ordered his execution because if the recipe for the glass were known, the value of the emperor’s gold and silver treasures would plummet. No matter how excellent something is, it can be the worst depending on the situation and context. That’s why adequacy is essential. - Joseph’s “just my thoughts”
A price starts with a ‘declaration,’ is maintained by people giving credit to it, and fluctuates with the laws of supply and demand . The starting point of the price is not determined by people’s recognition, but by my own insistence. In other words, if you cannot assert yourself, you cannot start a business, and even if you sell your labor, you cannot receive a proper salary. Value formation is not a matter of good or bad abilities, but rather about being assertive. If you are not good at asserting your own price , even if you have excellent abilities and skills, then you have to live by the values set by others. - Joseph’s “just my thoughts”