Re:China Just Blocked Thousands of Websites
by meric on Tuesday November 18, 2014 @01:37AM
(#8622697)
Here's a counter example:
A island nation with highly accessible fisheries populated by 100 people in the middle of the ocean could spend their labor on building a CDN or fishing.
If they use other's CDNs, the money they sent would be used by foreigners to buy their fish, which could be produced very cheaply. Building their CDN means forgoing their fishing opportunity. Building a CDN means they can now sell their CDN services cheaper than it would have cost them to run a website to sell their fish, but the benefit is marginal compared to the income they would have received by focusing their labor in an industry where they have comparative advantage.
They must choose only one because they have limited labor.
...Land, labor, capital and technology is wealth, and money only represent a claim on that wealth.
A island nation with highly accessible fisheries populated by 100 people in the middle of the ocean could spend their labor on building a CDN or fishing.
If they use other's CDNs, the money they sent would be used by foreigners to buy their fish, which could be produced very cheaply. Building their CDN means forgoing their fishing opportunity. Building a CDN means they can now sell their CDN services cheaper than it would have cost them to run a website to sell their fish, but the benefit is marginal compared to the income they would have received by focusing their labor in an industry where they have comparative advantage.
They must choose only one because they have limited labor.
...Land, labor, capital and technology is wealth, and money only represent a claim on that wealth.