Ah, I like that! I’m going to adopt that as the way I think about wealth. Thanks.
Do you know if that is some sort of agreed upon way of thinking about it, or just something you came up with and find useful? Not that there’s anything wrong with the latter.
I think there is a remaining question about whether value is wanting or liking. If you have access to Facebook it gives you the ability to doomscroll any time you have can use a web browser. You want to doomscroll but you don’t actually like it. So is the access to Facebook wealth? I guess we need two different terms, one to address wanting and the other to address liking.
Lots of things provide Value (a croissant, a free library app, refactoring code, project management)
I don’t see refactored code or a project manager on staff as providing value. I see value as the thing the end user experiences, like the ability to pay their credit card online. But it makes sense to me to consider the refactored code and PM on staff as adding wealth. Each generates value over time. And I like how this addresses my question about indirect/distal causes of value to end users: it doesn’t matter that it’s indirect, it still helps to generate value over time.
Ah, I like that! I’m going to adopt that as the way I think about wealth. Thanks.
Do you know if that is some sort of agreed upon way of thinking about it, or just something you came up with and find useful? Not that there’s anything wrong with the latter.
I think there is a remaining question about whether value is wanting or liking. If you have access to Facebook it gives you the ability to doomscroll any time you have can use a web browser. You want to doomscroll but you don’t actually like it. So is the access to Facebook wealth? I guess we need two different terms, one to address wanting and the other to address liking.
I don’t see refactored code or a project manager on staff as providing value. I see value as the thing the end user experiences, like the ability to pay their credit card online. But it makes sense to me to consider the refactored code and PM on staff as adding wealth. Each generates value over time. And I like how this addresses my question about indirect/distal causes of value to end users: it doesn’t matter that it’s indirect, it still helps to generate value over time.