SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (327335)2/26/2007 8:38:01 PM
From: TimF  Respond to of 1578303
 
Human consumption is a rather low level function.

The consumption needed to stay alive, continues to be a smaller and smaller percentage of total consumption, or total resources, but we have more and more that we can consume, and I don't see any reason to think this trend will end soon. Not just more of the same old things, but new things that didn't even exist before.

I think quite the opposite is happening. We have a higher diversity of goods, instead of having nearly identical commodities, stamped out in great number for each person.

Most everything is mass produced.


Perhaps goods that we produce are mass produced but

1 - Most is not all.
2 - Consider services as well.
3 - Mass produced doesn't mean we don't have a greater and greater number of choices. It doesn't mean simple commodities, or that what we own and can buy has a lower value.
4 - As we become richer, less and less of our wealth goes to basic commodities. We don't just have shelter, basic food. We have more luxury items, thousands of food choices, an uncountable number of choices for information, education, and entertainment. Commodities would mean less diversity, while we are getting more.



To: tejek who wrote (327335)2/26/2007 8:52:24 PM
From: TimF  Respond to of 1578303
 
Increased commodization reduces prices to a point where the value of most objects is reduced to very low levels. We've seen that with PCUs and other hi tech components. It tends to take value away from most products. As products have less value, owning them will not have the allure they once did.

Sure CPU and computer prices go down, but that just gives you more resources to spend on other things. The value of all the goods and services a typical person can buy goes up over time.

Also does the fact that you paid less for your computer mean that you wouldn't object if people took it away from you or if everyone on this thread got an equal vote in determining how it would be used today, instead of you deciding yourself?