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I think need has less to do with it than you suggest. We don’t ‘need’ most industry jobs any more than academic jobs. It’s just industry is better at generating
by GPerson 6y ago
I think need has less to do with it than you suggest. We don’t ‘need’ most industry jobs any more than academic jobs. It’s just industry is better at generating wealth than academia, and so it has more money to pay employees.
- stale2002 6y ago> It’s just industry is better at generating wealth than academia Ok... And almost by definition, that means that industry (and therefore industry jobs) is more useful to society. Because it is generating more wealth.
- Joof 6y agoAs long as we all agree that Facebook is one of the most meaningful and useful contributions to society, then yes, capitalism determines ideal value.
- deleted 6y ago[deleted]
- arczyx 6y ago> ...that means that industry (and therefore industry jobs) is more useful to society. Because it is generating more wealth. I feel that this is a rather narrow view, since there are a lot of companies who generate wealth by being detrimental to society at large (usually those who are just rent-seeking instead of continuously creating value).
- SquishyPanda23 6y agoYou've confused utility with wealth.
- pishpash 6y agoThey generate money which people can spend, so if that's the only criterion for wealth (it isn't), then mindlessly printing money is also useful to society (it isn't).