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by margalabargala
1392 days ago
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It wouldn't surprise me if that were the case. Imagine someone who sewed things by hand, given (or even loaned) the money to purchase a sewing machine, making them many times more productive. Now the community can have things sewn faster and more easily with less effort, with tons of downstream effects (more sails, better clothing, stronger soft goods, etc) and it's easy to see how the net improvement to that community can far exceed the price of the machine. Another way to ask that question is "does there exist tools whose price is less than the total amount of increased economic activity they enable", which when phrased that way, it seems clear that the answer is "yes". |
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