Gaining an item worth $100 and losing $100 in cash is value neutral. If you buy one banana for 10 million dollars that doesn’t make a banana 10 million worth to society.
Voluntary exchange only happens when both parties benefit from it. It creates value for both parties, and, if there are no negative externalities, it’s a utilitarian good.
A banana isn’t going to banana harder because it is in your hand instead of mine.
You could take any mistake that is persistent and just think that the “revealed preferences” tell that they are actually gaining value by having that financial behaviour.
One needs some kind of assumption to bridge thinking that you benefit to actually benefitting. If you suddenly start to resist a advertisements effect you might realise that you are perfectly happy and content without some kind of experience or good. Does that reveal you were making an error or does it make it an error to continue to buy the product? If you manage to deceive someone to opt into a value-extracting deal does it mean they benefit from the deal? The beliefs about whether your experiece is improved need to be competent and they are capable of being incompetent.
A banana isn’t going to banana harder because it is in your hand instead of mine.
I might like bananas more than you, or be hungrier than you. Than a banana has greater value to me.
If you suddenly start to resist a advertisements effect you might realise that you are perfectly happy and content without some kind of experience or good.
It think the left greately exaggerates the extent to which purchasing decisions are a result of some kind of deception or manipulation. For example, there was that movie that criticized consumerism, the Fight Club? The protagonist would spend every evening looking at ads, and then he’d change all furniture in his home all the time. That doesn’t remind me of myself, or anyone I know. Last time I bought a couch it was because the old one became uncomfortable to sleep on. Sometimes I make mistakes, like when I bought the “Where is my flying car” book, and it turned out to be deceptive. But these kind of things amount to less than 5% of my expenses. When I look at other people I know, it seems like they, too, are spending most of their income on food, clothes (when old ones get ruined) and other things they obviously need and weren’t tricked into buying. So I don’t understand why you think advertisements’ manipulation is a significant problem. When you look at people you know, do you see them wasting most of their money on worthless things?
A bananas value is created when it grows. Sure your brain might orgasm harder from bananas than my brain. But allocating it correctly rather prevents wastage than creates anything.
It doesn’t need to be a serious problem. “only happens” in a previous post seems to point at a definitional impossibility. A claim of “there is handful of lighting strikes each year” is a relevant rebuttal to “Lightning never strikes” even if one is not arguing that everybody should always be afraid of lightning when going outside. But for somebody that is building a house wondering whether they should add a lightning rod impossiblity vs seldomness is very relevant.
I see a lot of consumtion that is more of “what you are supposed to do” or being a kind of signal where what is the venue of signaling isn’t significant. This is not an insignificant or round-offable force.
Advertisement is an example of a constructed cognitive state that when I am in it I don’t need outside coersion and I am doing “voluntary stuff” for most purposes. However parties that don’t have my larger values so close to their heart have vested interest in constructing it. Just because I can doesn’t mean I should. Certainly that I do doesn’t mean that I should.
Both instant gratification and delayed gratification schemes can be used to rationalise consumption behaviour. However they tend to give contradictory recommendations. A greek philosphers advice to live a happy life can be taken to mean that having stable relationships and finding deep purpose of furthering science. Or a naive sensual hedonist might think that means drink wine every night and have a hang over every day. Just because one identifies wine making oneself to have a pleasant feeling doesn’t mean that correct answer to “drink or not to drink” is to drink. If one has an accounting scheme that does recognise the raveness of orgies but doesn’t recognise the satisfaction of progressing human knowledge then an option that gives a little better orgies but wastes a lot of knowledge potential gets more aggressively selected. Somebody that wants to make a name for themselfs as organising great parties might actively want for people not to understand feelings of progress so that their parties have greater attendance and more central role in society.
Holidays like black friday mean some cultural things for some. But as the cultural meanings are somewhat foreign to me I do note how marketers use it as a standard sale promotion period. Given that it is associated with trampling deaths it seems mostly parasitic for the “actual activities” if there are any left under this simulcra.
The teorethical foundations for microeconomics as far as I understand it means that you need to first know what you want in order to determine a value. Having a thought mode where you determine what you want based on “produced value” puts the cart before the horse.
Gaining an item worth $100 and losing $100 in cash is value neutral. If you buy one banana for 10 million dollars that doesn’t make a banana 10 million worth to society.
Voluntary exchange only happens when both parties benefit from it. It creates value for both parties, and, if there are no negative externalities, it’s a utilitarian good.
A banana isn’t going to banana harder because it is in your hand instead of mine.
You could take any mistake that is persistent and just think that the “revealed preferences” tell that they are actually gaining value by having that financial behaviour.
One needs some kind of assumption to bridge thinking that you benefit to actually benefitting. If you suddenly start to resist a advertisements effect you might realise that you are perfectly happy and content without some kind of experience or good. Does that reveal you were making an error or does it make it an error to continue to buy the product? If you manage to deceive someone to opt into a value-extracting deal does it mean they benefit from the deal? The beliefs about whether your experiece is improved need to be competent and they are capable of being incompetent.
I might like bananas more than you, or be hungrier than you. Than a banana has greater value to me.
It think the left greately exaggerates the extent to which purchasing decisions are a result of some kind of deception or manipulation. For example, there was that movie that criticized consumerism, the Fight Club? The protagonist would spend every evening looking at ads, and then he’d change all furniture in his home all the time. That doesn’t remind me of myself, or anyone I know. Last time I bought a couch it was because the old one became uncomfortable to sleep on. Sometimes I make mistakes, like when I bought the “Where is my flying car” book, and it turned out to be deceptive. But these kind of things amount to less than 5% of my expenses. When I look at other people I know, it seems like they, too, are spending most of their income on food, clothes (when old ones get ruined) and other things they obviously need and weren’t tricked into buying. So I don’t understand why you think advertisements’ manipulation is a significant problem. When you look at people you know, do you see them wasting most of their money on worthless things?
A bananas value is created when it grows. Sure your brain might orgasm harder from bananas than my brain. But allocating it correctly rather prevents wastage than creates anything.
It doesn’t need to be a serious problem. “only happens” in a previous post seems to point at a definitional impossibility. A claim of “there is handful of lighting strikes each year” is a relevant rebuttal to “Lightning never strikes” even if one is not arguing that everybody should always be afraid of lightning when going outside. But for somebody that is building a house wondering whether they should add a lightning rod impossiblity vs seldomness is very relevant.
I see a lot of consumtion that is more of “what you are supposed to do” or being a kind of signal where what is the venue of signaling isn’t significant. This is not an insignificant or round-offable force.
Advertisement is an example of a constructed cognitive state that when I am in it I don’t need outside coersion and I am doing “voluntary stuff” for most purposes. However parties that don’t have my larger values so close to their heart have vested interest in constructing it. Just because I can doesn’t mean I should. Certainly that I do doesn’t mean that I should.
Both instant gratification and delayed gratification schemes can be used to rationalise consumption behaviour. However they tend to give contradictory recommendations. A greek philosphers advice to live a happy life can be taken to mean that having stable relationships and finding deep purpose of furthering science. Or a naive sensual hedonist might think that means drink wine every night and have a hang over every day. Just because one identifies wine making oneself to have a pleasant feeling doesn’t mean that correct answer to “drink or not to drink” is to drink. If one has an accounting scheme that does recognise the raveness of orgies but doesn’t recognise the satisfaction of progressing human knowledge then an option that gives a little better orgies but wastes a lot of knowledge potential gets more aggressively selected. Somebody that wants to make a name for themselfs as organising great parties might actively want for people not to understand feelings of progress so that their parties have greater attendance and more central role in society.
Holidays like black friday mean some cultural things for some. But as the cultural meanings are somewhat foreign to me I do note how marketers use it as a standard sale promotion period. Given that it is associated with trampling deaths it seems mostly parasitic for the “actual activities” if there are any left under this simulcra.
The teorethical foundations for microeconomics as far as I understand it means that you need to first know what you want in order to determine a value. Having a thought mode where you determine what you want based on “produced value” puts the cart before the horse.