6 ms·
No, goods and services are not finite. This is just patently false. How many automobiles existed in 1800? How many jey liners existed in 1900? How many smartpho
by Manuel_D 2y ago
No, goods and services are not finite. This is just patently false. How many automobiles existed in 1800? How many jey liners existed in 1900? How many smartphones existed in 1950? The pool of goods grows in absolute terms.
It's not just goods, services too grow in absolute terms. We invented radio in 1900 (ish) and introduced a wholly novel set of services. Before photography, in order to get one's likeness recorded you had to sit for a portrait painter. After practical photography was developed, portraits became much more accessible. I could go on.
Humanity is increasing the pool of goods and services in absolute terms all the time.
- cool_dude85 2y agoBuddy. Are you really trying to say that there can exist infinite goods and services in a finite universe? Growing is not the same as infinite.
- Manuel_D 2y agoSure, it's finite in that it's can't grow with literally no limit: there's a fixed amount of mass an energy in the universe. But the above commenter states that goods and services are zero-sum, which is not true. Goods and services do grow in absolute terms. His whole thesis is that accumulation of wealth necessarily entails the depravation of others. This is not at all true: wealthy can and does grow in absolute terms.
- dventimi 2y agoThe above commenter is me and I say that goods and services are finite because they are. So what if there were fewer in the past and there will be more in the future. We live in the present and in the present goods and services are provided by people through labor which is finite at any given time. We're all competing: for housing, healthcare, and the political power to determine our material conditions. If wealth doesn't allow you to outcompete other people for those things then what the hell is it for?
- Manuel_D 2y ago> The above commenter is me and I say that goods and services are finite because they are. So what if there were fewer in the past and there will be more in the future. What you're describing here is literally the opposite of zero-sum. The total set of goods and services in increasing. It directly contradicts your claim that the accumulation of wealth necessitates the deprivation of others.
- dventimi 2y agoAt any given time are there, or are there not, finite goods and services?
- Manuel_D 2y agoAt one given instant sure, but the key thing is that over time the collection of goods and services grows. Adam, Bob, and Charlie are all shipwrecked on an island. They divy up the ship's goods equally. One day, Charlie decides to build some furniture. Now he has more goods than Adam and Bob. Did he deprive others, to achieve his comparatively greater wealth? If you just looked at one snapshot of time, you'd see Charlie with more wealth than the others, though.
- dventimi 2y ago> At one given instant sure [goods and services are finite] I'm glad we finally agree that wealth is finite. > the key thing is that over time the collection of goods and services grows. That's cold comfort for people who never live to see a time when they can compete for those goods and services.
- Manuel_D 2y ago> I'm glad we finally agree that wealth is finite. Wrong, wealth is not finite and it can be - and is - increased. Yes, the amount of wealth at Monday, 03-Jun-24 04:12:33 UTC is going to be finite, because that's a fixed point in time. This is just a pointless tangent, because in our world time is not frozen. In our reality, where time flows, wealth is not finite and is indeed grown in absolute terms. > That's cold comfort for people who never live to see a time when they can compete for those goods and services. Yes, people who lived in preindustrial societies saw more or less fixed living standards for generations. But fortunately for us, we live in one of the most economically dynamic points of in all of human history [1]. Your statement does ring true for most of human history, but not in our age. 1. https://commons.wikimedia.org/wiki/File:World_GDP_per_capita_1500_to_2003.png https://commons.wikimedia.org/wiki/File:World_GDP_per_capita...
- dventimi 2y agoIf goods and services aren't finite then they must be infinite. If they're infinite then how can they be increasing?
- roenxi 2y agoBecause not all wealth exists in the present. It is like counting from 1 to 5 and concluding that the maximum size of an integer is finite because so far the count has only reached 5. It is not so, however. The maximum size of an integer is infinite even though any particular integer is finite.
- dventimi 2y agoNot all people on Earth exist in the present, either. At any given time in the past there were fewer of them, and at any given time in the near future at least there probably will be more of them. Does that mean that the number of people on Earth is infinite? While you're thinking about that, think about this. You and I live in the present. Of what use is it to us in the present if there's more total wealth in some future long after we're gone?
- dventimi 2y ago> Not all people on Earth exist in the present Correction: That should be, "Not all people on Earth who have existed in the past or will exist in the future exist in our present."
- dragonwriter 2y ago> No, goods and services are not finite Yes, they are. > Humanity is increasing the pool of goods and services in absolute terms all the time. The ever-increasing amount is still finite, at any given time and even aggregated over the entire history from the evolution of humanity to its inevitable extinction.
- dventimi 2y agoThe magical thinking in this thread is breathtaking to behold.