I think that as a society we’ve lost sight of the fact that real value is made when people actually create things—not just when things are sold.
I know that I haven’t kept my promise of writing here as often as I should. Hopefully this new format (more “thought of the day” than “essay of the quarter”) will better suit my, um, creative schedule.
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Hear hear. You might enjoy Umair Haque’s writings on this topic - he has a shorthand term, “zombieconomy”, for what happens when risk management and repackaging replace creation and entropy-reduction as economic drivers. “Profit through economic harm to others results in what I’ve termed ‘thin value.’ Thin value is an economic illusion: profit that is economically meaningless, because it leaves others worse off, or, at best, no one better off.” (http://teczno.com/s/br1)