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To: Willie Green
I sympathise with your position as you know but it is my opinion that it is not possible to draw a clear line between services and manufacturing. Also I do not think that wealth or value are easy to define.

I will ask you two sets of questions.

1:
Is transportation creating wealth? When you transport product from the producer to the customer does it add value? For example if the wild mushrooms are picked in the forest and brought to the store near you is it a service or production?

2:
When your dentist fixes your teeth is it producing some value/wealth? When the dentist is not around and you the artificial teeth have to replace what you had before, is it more productive?

49 posted on 12/14/2005 5:26:03 PM PST by A. Pole (Rudyard Kipling: "Oh, East is East, and West is West, and never the twain shall meet")
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To: A. Pole
Is transportation creating wealth? When you transport product from the producer to the customer does it add value?

No. Transportation is a service that adds cost, not value. As such, transportation should be minimized.

For example if the wild mushrooms are picked in the forest and brought to the store near you is it a service or production?

You have described two distinct activities.

  1. Harvesting the mushrooms is production.
    It has added value by creating a marketable good.
  2. Transporting the mushrooms to the store is a service.
    It adds cost, not value.
    The mushrooms are exactly the same as when they were picked.
    They're merely in a different location, nothing has been created.

When your dentist fixes your teeth is it producing some value/wealth?

The dentist has performed a service, but no wealth has been created.
You may be healthier, but not wealthier.
Your wealth has been transfered to the dentist in return for his service.

50 posted on 12/14/2005 6:26:59 PM PST by Willie Green (Go Pat Go!!!)
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