Comment by yegle
Mentioning the man hours would make sense, if the ones producing the product taking the majority cut from the purchase price.
Otherwise, it's more of a strategy to set a higher price tag, and the reseller and all the middleman taking all the extra revenues.
Not really.
Irrespective of price, the inherent value of the rug is much greater - it still takes over 100x the labour to produce.
That it still costs less than 100x basketball shoes to purchase is more circumstantial, yet further demonstrates the fallacy of the argument.