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Re:Productivity has fallen, and experts are puzzled. I’m not... by recursivedoubts on Friday November 04, 2022 @01:14PM (#33470266)
I agree that value is subjective, but value is still created by labor.

Sit and stare at a rock and you have created no new value.

Labor can also destroy value, for example when a building is destroyed in a riot, or when a rock is pushed up a hill to a location that makes it less valuable.

Re:Productivity has fallen, and experts are puzzled. I’m not... by MichaelCollins on Friday November 04, 2022 @06:23PM (#33474746)
Trip over a sufficiently shiny rock and you'll discover that it has value (to some people) even though you put no labor into it.
Re:Productivity has fallen, and experts are puzzled. I’m not... by recursivedoubts on Saturday November 05, 2022 @10:20AM (#33481717)
yes, a very small amount of readily available (labor free) raw material has value to some people

but most raw material requires applied labor to become valuable: at the very least transportation to them