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by bad_user
3309 days ago
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> If I have a woodshop and a customer comes in and hands me wood and nails, and I spend a day banging together a table for them, at the end of the day there is one table. A scarce good - one table is created, no more. That's natural scarcity. We also have artificial scarcity imposed by laws and technology. If you think that's unfair, I might agree morally speaking, but then we'd end up talking about how we're actually debating Marx's "labor theory of value" (i.e. value is given by the total amount of labor required to produce it), which was fundamentally flawed. |
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I agree that toilling at useless task adds zero value in the best case -more often than not, it adds negative value by creating commitments to perform further useless tasks in the future- but what is so wrong with considering costs of production within the value added? I think it makes more sense to recognize zero (or negative) value added task for what they are instead of declaring them "marginally valueable" and then try to push the externality of their cost unto others.