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by chris_l 6326 days ago
You can deliver value without being paid for it. For example by raising a child.
1 comments

Who is the customer? You or the child or both?

Perhaps you are paid for the value you deliver. If not, why did you do it? However, it is a payment that cannot be transformed by exchanging it for other things you need or want. Its primary benefit resides within you and your child.

Money is not the only form of payment but it is an extremely important form. This is because of its use as a medium of exchange in a division of labor economy. The existence of both supports and sustains a far higher standard of living than could otherwise exist.

Stillman's philosophy is to reduce the production of intellectual values to the state of a barter economy. That kind of economy rises only slightly above subsistence. This is why I say "Free is as successful as poverty."

Just because you don't "extract" any value, to use the MBA term, does not mean you did not deliver it.