/biz/ - Business & Finance

>>53055726
You go into nature, and apply labor to natural resources, turning them into goods.

You have to be creative

>>53055726
Solve a problem better than what AI or a Google search would provide.

only true value is land and people. everything else is derivative

>>53056232
>100 square miles packed with consoomers is valuable
The majority of people are economic sinks. Value is in ability to transform information and material, which is an ability only 10-20% of humans have.

>>53056274
>Value is in ability to transform information and material, which is an ability only 10-20% of humans have.
And weed growers.

>>53056338
People who grow weed are creating close to neutral value depending on their customers. If the ones they sell to are smoking a joint a few times a week to blow off steam between actually creating value, then the grower is creating value. Entertainment and leisure can be valuable to a society. However if their customers are no life losers who smoke to forget their responsibilities, the grower is producing negative value.
Within the 10-20% bracket I gave, there are many weed growers and sellers who target the productive consumer and discourage the degenerate one from buying.

>>53055726
value is created by doing things that people want whether its growing plants, building a chair, punching someone in the head real hard or showing your asshole it all satisfies peoples wants

One must collateralize existing value to sell leveraged value increments in the open market.

it's an innate thing. if you're too retarded to know how to do this just go to college and get a regular wagie job where other people tell you how to provide value

>>53056274
consumers are one side of the value equation brainlet.

>>53055726
thin air. how else can you explain roasties flashing their tits and making more than doctors and lawyers combined? or kids on youtube making millions while opening boxes of toys?

>>53055726
You can create value by buying bitcoin and waiting for someone to buy it back off you at a much higher price.

>>53057383
>how else can you explain roasties flashing their tits and making more than doctors and lawyers combined?
The value they are creating is making dicks hard and dopamine spikes.
>or kids on youtube making millions while opening boxes of toys?
Same thing.

>>53057416
heroin does the same thing as does pornography. where are all the millionaire drug dealing pornographers?

>>53057496
mexico? eastern europe?

>>53055726

You could say value is created when you solve a problem for other people more efficiently than existing solutions. The classic "build a better mousetrap" phrase. Humans will want access to this solution to improve their lives or make their work easier and faster.

However valuable things are desirable to humans, and this isn't always something that solves a problem, so we can expand our definition to include things like luxury goods. For example, a world-class chef creates a 3 course dinner. This isn't very efficient use of time from an arbitrary perspective - he isn't feeding more people or delivering more calories with fewer resources. However, people value his skill, and so pay money (a shorthand carrier of excess accrued value-time) to eat the food he produces. Wealth, then, is sort of like a measure of the excess value we have created floating around to be wasted on luxuries.

So to create value, you either need to solve a problem better than before, which is arbitrarily more valuable from any point of view. Or you need to create something desirable enough specifically for humans that they want it regardless of problem solving, e.g., luxury goods/entertainment. Create something useful enough and humans will transfer their excess accrued value-time to you in exchange.

>>53057618
>>53057416
>>53057243
>>53057177
>>53056274
Where can I go to learn more about this specific topic? Any books or otherwise you'd like to share? This is incredibly interesting as I have wrestled with this topic or something similar for years. For example, I've struggled with a standard equity stock issuance vs. An option for the same stock in a secondary market. Derivatives seem devilish in this way given they don't create value, however, to other anons' points, it clearly is valuable to someone otherwise Noone would spend money on them

>>53057653

I don't off the top of my head. That's just my understanding from experience. Though my favorite book about life and money is The Richest Man in Babylon.

Maybe you could write a book about value and create value for others in the same situation.

See? Not so hard after all.

>>53057243
Consumption for sake of consumption is not productive. Otherwise we could just endlessly pour meat and ball bearings into landfills to prop up the economy.

>>53057177
Is there such a thing as inherent value?

>>53060134
Primary requirements for survival in order of importance: air, water, food

If you are denied any of these then death is inevitable

Secondary requirements for survival (order of importance is dependent on context): shelter, medicine, weapons, tools

While strictly speaking, you can survive without any of the secondary requirements, over a long enough timeframe not possessing some or all of these will invariably cost you your life.

If it falls under one of the above categories it has inherent value, because it is necessary for life to continue, and living itself is the only inherent meaning of reality

>>53060134
No. What is valuable to you isn't valuable to the sun, or a bacteria. Even the context of humanity, our basic needs make anything which can fulfill them valuable to us generally, but abundance of food and water still lower their value. There is no lower limit to this. If you lived on a fresh water ocean with water clean enough to drink, then trading drinking water with your neighbor would be pointless.

>>53060134
people and land i suppose.
only people can assign value, therefore all value flows from people, and people can only live off the land.

>>53061262
*barges into the conversation*

the only thing actually valuable is free time
any moment you spend 'working' for somebody else or to 'prepare' for something is time you will never get back during your 1(one) singular life on this planet earth

there is nothing more valuable than time