On Fri, Feb 7, 2014 at 4:13 PM, Patrick Anderson <[email protected]> wrote:
There is no need much confusion about it, I think -- it comes from an appreciation of value. I mean the word "appreciation" in both senses of the word: to like something (with an increasing vector or "thumbs up" from others) and to increase in asset value.
If so, then I wonder why some people worry about corporations maximizing profits...
Because that's a second stream of value. Historically, they've tried to get both at once: growth via asset appreciation (a.k.a. "capital gains"), and profit maximization (via selling as high as the market will bear).
Does that mean non-profits suppress appreciation, "thumbs up" and asset value?
No, non-profits have a different asset measure. There, it's typically social value or earth value. And they also desire to "appreciate" things there. The trick I'm trying to create is a parallel, creative economy, where appreciation is just as valued, it's just that the asset measurement is completely different than the industrial model. For more detail on that, there is material on the wiki, where the non-physical, intellectual capital wealth is quantified and called "quantz" (see http://pangaia.sourceforge.net, article: hackerspace microcosm). mark