"I believe there is definitely value in the risk taken by a producer. Sometimes the risk is in ways people could not see coming or in simple effort given before profit."
I really liked this statement and wanted to expand on it a little because I mentioned the same line in my essay. There is value, but like the old saying, "nothing worth having comes easy" the same goes on for the producer taking that risk trying to become an entrepreneur. A lot of it is the effort you put in before profit. A k=lot of people go to a job and it's comfortable and they don't have to work too hard ever. Taking on the risk of an entrepreneur is taking on responsibility not only for your own income, but how to generate that income, the liability of whatever you're doing. Another saying, "More money, more problems" couldn't be a more true statement.
I like the power of speaking with your wallet because that really shows what people want. If people don't support you they won't spend money towards that. It's a good way of measuring the values in our culture that we support, and I wish people would think where they spend their money more because if people did I think it could be really special for the economy and everyone. I use to not think about it as much, but I do much more now because we are constantly spending money living our daily lives resulting in us having some spending power in the local economy. I feel like most people just do whatever is most easy or convenient rather than thinking and spending their money in a way that's beneficial to the economy. For example, most people will get McDonalds because its faster and a little cheaper than a local hamburger place generally.
To close I wanted to talk about Bylund's point on the market price for items being a collective drawing from the community. With their being cheaper options and expensive options. These days it almost just seems like there are only expensive options. But, this only works if people aren't lazy and actually do practice their buying power which I feel like a lot of times they don't because people are generally lazy and just do whatever is most convenient and easy.