Markets in everything, just don’t trust the Khmer Rouge

by on June 5, 2009 at 4:45 am in Political Science | Permalink

But they do understand that price may signal quality; the price was raised from $500,000 to $1.5 million:

A former Khmer Rouge official photographer has put on sale for 1.5
million dollars what he claims to be Pol Pot's clothes, sandals and
toilet, along with thousands of photographs and other artifacts he
collected during the genocidal regime's 1975-79 rule. "I will sell Pol
Pot's sandals, toilet, his uniform and cap, thousands of photographs
and the two cameras I used during the Khmer Rouge period," said Nhem
En, who was recruited to take photographs of detainees when they
arrived at Tuol Sleng torture prison in Phnom Penh.

"I am asking for 1.5 million dollars, but the price is negotiable," he added.

TomG June 5, 2009 at 5:36 am

Bringing such unique wares to market, he sets his price at some wish-level (likely well above its intrinsic value) – but only
the subsequent bids will reveal its ultimate qualitative worth, ultimately determined by the transaction price.

Selfreferencing June 5, 2009 at 9:18 am

This is pretty great in its own way. A tribute to capitalism in the same way as it would be to sell Lenin’s body on eBay.

rejk November 3, 2009 at 1:23 pm

Thank you for an interesting article.

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