> The fallacy here is the equivalence of economic goods to material goods. Many economic goods are not material.
But what part of the economy does this represents?
Most of the Internet run through ads, whose objective is to sell stuff.
The real fallacy is the knowledge economy here.
The value of Internet is that it sells physical stuff, not that it makes people smarter or happier.
But what part of the economy does this represents? Most of the Internet run through ads, whose objective is to sell stuff. The real fallacy is the knowledge economy here. The value of Internet is that it sells physical stuff, not that it makes people smarter or happier.