Diamonds represent value, in all its multiple meanings: values, as in ethics, and value as in actual price. But what are these rocks actually worth? The ethics and costs of diamond rings have shifted ...Show More
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mm recommended:Jun 13th, 2020
The De Beers brothers were not the founders of De Beers. Their farmland were taken away from them by Cecil Rhodes (the 'Rhodes' of 'Rhodes Scholar') after Rhodes found diamonds in their land. Sounds like a generally awful human undeserving of today's prestige attached to his name.
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epekilisJun 14th, 2020
@mm The part where Rhodesia (modern day Zimbabwe) turns out to have been named after him. . . A country that had a system of apartheid somewhat similar to South Africa’s approach to the topic . . .
mmJun 14th, 2020
@epekilis omg I didn’t even make that connection!
epekilis recommended:Jun 14th, 2020
With the discovery of South African diamond mines about 100 years ago, diamonds are no longer particularly rare. Their value is propped up by a virtual monopoly that controls supply to manipulate price. I am less sanguine than Avery is about the effectiveness of the Kimberley Process certification...Show More
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humphreysui recommended:Jan 18th, 2021
the take: diamonds are overrated
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mmJan 18th, 2021
@humphreysui Still horrified about what Rhodes did and how much we regard his name still to this day!