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To: 1rudeboy

I wonder if you or anybody else here has a definition of “wealth.”

Obviously not all physical productions are true wealth, as money can be and often is wasted producing something that provides little or no value when completed.

Equally obviously, at least to me, some services and intellectual productions do create wealth despite having no physical existence. For instance, computers have greatly increased productivity and therefore the generation of wealth per worker hour. That has real value, even though the software programs that actually do the work don’t have any true physical existence.


28 posted on 02/18/2010 6:49:16 AM PST by Sherman Logan (Never confuse schooling with education.)
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To: Sherman Logan
You are correct in observing that people have their own definitions of "wealth." Personally, I think the problem originates with confusion over the term "real."

Mash the two together, especially in a headline, and you get people flooding the thread who think "real wealth" is only generated by people turning screws in a factory with a smokestack.

29 posted on 02/18/2010 6:52:29 AM PST by 1rudeboy
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