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View Diary: Glory to Thee! Almighty Shopper! (29 comments)

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  •  Blame the economists. They're the ones that (3+ / 0-)

    decreed goods to be more valuable than services, probably because, from their perspective, goods are easier to count. Economists are, after all, nothing but high falutin' accountants.
    From a practical perspective, if stability and longevity are important, services are much better because the desire for them is constant and, since humans do tend to improve with practice, the quality of service tends to improve, while all goods, even those that aren't designed to wear out or self-destruct on purpose (planned obsolescence), wear out.
    A service economy has much more staying power and has the capacity of adjusting to changing tastes, as well as the vagaries of nature. Which is why the prospects for the medico-industrial complex are good.
    There's another reason some people prefer goods over services. As the old codger explained it, he became a collector and hoarder because things were more reliable than people, at least before his trailer started to collapse around him and his cellar filled up with excrement. Then he discovered that human beings are actually more reliable and, lo and behold, his hoard of stuff lost all interest for him.
    So, it seems fair to blame the economists because they have got it wrong. The sooner we figure that out, the better off we'll be.
    I don't think there were any economists in Shakespear's time. Otherwise he would not have picked on the lawyers as the source of social distress.

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    by hannah on Sat Nov 30, 2013 at 05:20:32 AM PST

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