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Old 12-07-2006, 05:59 PM   #24 (permalink)
JohnLong
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Join Date: Nov 2006
Location: Sunnyvale, CA
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Quote:
Originally Posted by The Wise Turtle View Post
Recently I've been trying to come up with a way to describe a business, such as the contributor business that you talk about in this blog entry, where you aren't looking for a profit (zero-sum) but a fair exchange of value. I'm talking about a business where what you offer is of equal value to what you recieve. It's the best way for a society and an economy to work, in my opinion, but it's considered crazy by most business people.
-Turil
Not sure I follow you here. How are you going to determine what a fair value is? It's important to remember that a the social value of something isn't determined by how much it cost to make. Plenty of things cost a lot more to make than their social value (even succesful products), and only a few cost less. In the end, people getting something don't really care how much it cost, only how much it will cost them.

So, suppose you produce something and want to forgoe the profit. But that probably means you won't be able to produce enough of it to fill demand. How will you determine who to sell to?

Maybe you could give us some more specifics?
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