Wednesday, May 15, 2013


I've posted about intrinsic economic value and was struggling with the nomenclature, untill I ran up into this article on wikipedia :

Basically, consider the economy to be a big pile of value, with more value being added by those who find new resources, invent new technologies and offer new services. In short : People who add stuff.

Now imagine I had a small bit of that pile and threw that away to take more of the big pile into my hand. Sure, I get richer, but essentially, the big pile just became a bit smaller and all the other people became a bit poorer.

And that's basically the problem with about everything, isn't it? Actors that maximize their own profit to the detriment of the total system. A bit like the Tragedy of the Commons.

I'm more and more convinced that to actually build a society that is stable, it needs to have the expectation of adding to it as a basis. And for those so entitled : Merely being alive isn't adding to the world, you have to actually add something.

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