Quote:
Originally Posted by Aramike
That's an excellent point.
My biggest fear is that we're moving more and more towards a service-based economy where your average American's value is far more derived from what we do for each other than what tangible good we provide to each other. I'll elaborate more on what I mean by this later, but in general my point is that when you produce a good, that good retains some value and can often be sold. When you provide a service, that service's value is generally completely lost upon its conclusion.
A service based economy has little ability to retain value, thus my fear.
|
I'd have to hear more of your theory. While I generally agree with you on the importance of a healthy manufacturing sector, it seems to me that services like a professional installation, or a proper repair, or a thorough cleaning for example have real lasting value while manufactured goods often become obsolete and nearly worthless in a relatively short time.