3 ms·
I think you are confusing "societal value" with "things people are willing to pay for". Like a coffee shop. Another coffee shop doesn't hurt society, nor does i
by all2 8y ago
I think you are confusing "societal value" with "things people are willing to pay for". Like a coffee shop. Another coffee shop doesn't hurt society, nor does it benefit society at large. Even on the scale of a small town, a coffee shop adds nothing of intrinsic societal value.
But people still want their caffeinated milk shakes and misnamed espresso sugar drinks, and they will pay a premium for their fix.
- hnaccy 8y agoWhy is providing people with a good they desire not benefiting society?