Message from @ManAnimal

Discord ID: 626578698174332948


2019-09-26 00:35:09 UTC  

And manpower costs count as material in context.

2019-09-26 00:35:26 UTC  

Eh, providing that time is of lasting value.

2019-09-26 00:35:38 UTC  

if i create a knife, that knife is useful even if it is stored in an attic yrs later and then bought at a yard sale

2019-09-26 00:35:47 UTC  

but a service is an expendable

2019-09-26 00:36:39 UTC  

if money gets tight, everyone starts doing their own services

2019-09-26 00:36:47 UTC  

but production always retains value

2019-09-26 00:37:01 UTC  

Eh, what of training, then?

2019-09-26 00:37:16 UTC  

training is overhead

2019-09-26 00:37:29 UTC  

There is that adage about teaching a man to fish versus providing a fish.

2019-09-26 00:37:30 UTC  

a simple cost of doing business

2019-09-26 00:37:47 UTC  

yup

2019-09-26 00:38:08 UTC  

the key to note is what the source of 'value'' is

2019-09-26 00:38:22 UTC  

It is a cost of it, but undermining the instructors' service is part of what got us into this predicament.

2019-09-26 00:38:26 UTC  

market value isn't intrinsic value nor cost

2019-09-26 00:38:40 UTC  

*shrugs* We're not gonna reach eye to eye on this one.

2019-09-26 00:38:54 UTC  

we are

2019-09-26 00:39:05 UTC  

Service has value, as does material. Your position does not agree with this.

2019-09-26 00:39:22 UTC  

i never said there was NO value

2019-09-26 00:39:33 UTC  

I said that value didn't have the same WEIGHT as production

2019-09-26 00:39:55 UTC  

services like business 'oil the machinery' of production and trade

2019-09-26 00:40:02 UTC  

but they aren't ESSENTIALS

2019-09-26 00:40:16 UTC  

"i am of the traditional school of thought that only PRODUCTION represents true economic value" If you're walking back this point, very well.

2019-09-26 00:40:37 UTC  

rememeber that any production also implies a degree of creative destruction which has costs of their own

2019-09-26 00:41:00 UTC  

"represents true economic value" key word true

2019-09-26 00:41:08 UTC  

not the same word as 'only'

2019-09-26 00:41:33 UTC  

Also, you indicated they are essential as the shift to tight income is to in house. Nonessential would me the service is discontinued.

2019-09-26 00:41:45 UTC  

i.e. measuring the quantity of production gives you a direct metric of economic performance

2019-09-26 00:41:58 UTC  

but measuring services gives an indirect measure

2019-09-26 00:42:14 UTC  

if i have a nuclear meltdown, all types of new services are required

2019-09-26 00:42:18 UTC  

Erm, that word "true" speaks of singular relevance- all other matters are "false."

2019-09-26 00:42:21 UTC  

but is this a net POSITIVE?

2019-09-26 00:42:42 UTC  

True is another very strong word.

2019-09-26 00:43:29 UTC  

that is a very polar view; again there are different FORMS of value

2019-09-26 00:43:38 UTC  

services are a DIFFERENT form

2019-09-26 00:43:49 UTC  

Phrasing of "true" brings it into a polar view.

2019-09-26 00:43:58 UTC  

these CAN add value but aren't nessecarily showing a postive

2019-09-26 00:44:34 UTC  

GDP is honestly a terrible metric for wellbeing, and I don't care if you include or exclude services from that calculation. Living standards are what really matters, which means looking at the size and quality of homes that people are living in, how easily people can move around and how nice their transportation options are, and how healthy and in shape people are.

2019-09-26 00:44:36 UTC  

you are thinking 2-dimensional which is the typical way of viewing the word 'value'

2019-09-26 00:44:36 UTC  

And the previous explanation was indicative that service provided null value.

2019-09-26 00:44:51 UTC  

Living standards > productivity > GDP