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technically, yes, but you had to work to create it, and probably have to continue to work to maintain it in the face of competition. If you have created some k
by jacknews 8y ago
technically, yes, but you had to work to create it, and probably have to continue to work to maintain it in the face of competition.
If you have created some kind of lock-in which allows you to extract rent indefinitely from some initial effort, then you have some degree of monopoly, which would be ethically questionable.
- nopinsight 8y agoMany things do not have identical competitors. Books, music, apps, and restaurants with unique recipes (within an area) come to mind. The creators of these products/services earn the value derived from the uniqueness/utility that customers value and pay for.
- koboll 8y ago"Earn while you sleep" does not mean "conjure from thin air and then earn perpetually". It just means creating a system that decouples time spent working from amount of money received. As opposed to a job, where they are tightly coupled.