Timmy elsewhere

At El Reg:

The confusion here, the basic mistake that Lanier is making and that Naughton is endorsing is to believe that economic value is the cash. And it just ain’t. If, for some unknown reason, I desire to have Facebitch and I get Facebitch then I have satisfied one of my desires. However loopy that desire is, I am thus richer. I have gained economic value from that part of the transaction. And if what I have to give up, that information, is worth less to me than what I receive, then I am richer by the trade.

What really annoys here is that the hippies like Lanier have been telling us for decades that it’s not all about the money, it’s about being human, what humans want and desire. So, when they analyse (to be polite about what they’re doing) the tech industry, why the bloody hell do they insist on talking only about the money and not on the satisfaction of human sodding wants and desires?

5 thoughts on “Timmy elsewhere”

  1. ‘Why the bloody hell do they insist on talking only about the money and not on the satisfaction of human sodding wants and desires?’

    Because to the hippies (and the right-on lefties in general), humans shouldn’t ‘want’ or ‘desire’ that sort of thing in the first place. ‘Being human’ means giving up all that unnecessary planet-killing modern stuff and sitting at home darning your one pair of socks instead – when you’re not out harvesting your own turnips.

  2. Come, come. Satisfying human wants is what cash is all about. Or maybe you are shopping at the wrong store.
    Genteel poverty is nice if you want to believe the righteous. But with gold you can seduce most everybody. Even saints.

  3. John,

    I want ‘x’. Apart from taxation, what is the difference between somebody giving me money to buy ‘x’ and somebody else, because of their business plan, giving me ‘x’ for free?

    Cash is just a convenient intermediary. Especially as our civilisation isn’t yet that used to the concept of getting useful ‘x’s, legally, for free. (Noting both that stuff from the government isn’t really ‘free’ and acknowledging the existence of genuine philanthropy.)

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