Re:PinePhone – Beta Edition Linux SmartPhone Preorder
by viro on Wednesday March 24, 2021 @11:27AM
(#26568456)
You mean labor is directed towards actions that produce more value than simply the labor put into them. Odd, its like you think that's a bad thing.
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Re:PinePhone – Beta Edition Linux SmartPhone Preorder
by aidenn0 on Wednesday March 24, 2021 @12:47PM
(#26569683)
Since much of monetary value is related to scarcity, labor is directed to reduce scarcity, not to actions that produce social value.
The pool of people who are capable of collecting garbage is non-scarce, so the price for labor is relatively small compared to the social value it produces.
Advertising is so well rewarded because the attention of consumers is a very scarce resource, so companies put massive amounts of money into capturing some of that.
Re:PinePhone – Beta Edition Linux SmartPhone Preorder
by jascii on Wednesday March 24, 2021 @12:44PM
(#26569633)
That statement only holds if you only define "value" as financial gain. I would consider that a dangerous simplification.
Re:PinePhone – Beta Edition Linux SmartPhone Preorder
by anoncake on Wednesday March 24, 2021 @11:30AM
(#26568491)
That is literally the opposite of what I wrote.
Re:PinePhone – Beta Edition Linux SmartPhone Preorder
by marcus_holmes on Wednesday March 24, 2021 @02:48PM
(#26571406)
I think this comes down to whether you agree that money == value, and that value == utility (i.e. that people will pay for things that they find useful)