Personally I think there is a major problem on how productivity is measured.
Basically:
productivity = production/time
But here is the major flaw: how is production currently measured?
It is measured by how much money you sell that production!
So basically as it stands:
productivity = (money made)/time
Imho that way of measuring productivity is really dumb and gives a completely undervalued measurement of production.
To take a simple example imagine you create (with thousands of other people) an OS like Linux that powers billions & billions of computing devices throughout the entire world (and even in space) and give away that OS for free:
Your productivity for this Linux production is measured as zero (0) because you didn’t make any money from the direct selling of it. The fact that your measured production and productivity for this is zero is completely absurd because you actually produced something extremely useful and transformative on a huge scale. There are many other examples like that of free or very cheap things which are measured as having a very low productivity not because they are useless but because they are (or have become) free / very cheap.
To take another example, let’s say you have speculated on the markets and got lucky and made a huge amount of money very quickly: you haven’t really produced anything but your productivity is measured as being huge!
So basically imho anything / any argument which is based on how productivity is currenly measured is completely flawed.
Please correct me if I am wrong so that I am less wrong thank you :)
Hello,
Personally I think there is a major problem on how productivity is measured.
Basically:
productivity = production/time
But here is the major flaw: how is production currently measured?
It is measured by how much money you sell that production!
So basically as it stands:
productivity = (money made)/time
Imho that way of measuring productivity is really dumb and gives a completely undervalued measurement of production.
To take a simple example imagine you create (with thousands of other people) an OS like Linux that powers billions & billions of computing devices throughout the entire world (and even in space) and give away that OS for free:
Your productivity for this Linux production is measured as zero (0) because you didn’t make any money from the direct selling of it. The fact that your measured production and productivity for this is zero is completely absurd because you actually produced something extremely useful and transformative on a huge scale. There are many other examples like that of free or very cheap things which are measured as having a very low productivity not because they are useless but because they are (or have become) free / very cheap.
To take another example, let’s say you have speculated on the markets and got lucky and made a huge amount of money very quickly: you haven’t really produced anything but your productivity is measured as being huge!
So basically imho anything / any argument which is based on how productivity is currenly measured is completely flawed.
Please correct me if I am wrong so that I am less wrong thank you :)