ubuntu_demon
December 19th, 2004, 08:31 PM
nice article :
http://www.libervis.com/modules/wfsection/dossier-11.html
from this article :
Information cannot be traded as it does not have a trade value. This article explains this argument and presents an economic model that does deal with information, but does not involve it's trade.
.......
CONCLUSION:
Information is knowledge and as such it does not derive its value from within itself, but from the potential of its use. In its sole unusable existence, information is valueless. Information does not have an objective trade value because attempting to trade it inevitably results in value imbalance and unfair trade where the seller is ultimately in much greater gain than the buyer as he never actually deprives himself of the information he's "selling" and this deprivation is what is essential for a trade to be possible. As untradeable, pure information economy cannot exist, but the information *based* economy where the main object of trade is not information, but something else that is only involved with information such as it's distribution, usage support etc. This is clearly the only way our progressively information dependant society can properly function contrary to the monopoly driven and artificially created environment of "proprietary" information where the impossible tradeability is being forced upon us resulting in great disruption of trade value balance and human rights.
http://www.libervis.com/modules/wfsection/dossier-11.html
from this article :
Information cannot be traded as it does not have a trade value. This article explains this argument and presents an economic model that does deal with information, but does not involve it's trade.
.......
CONCLUSION:
Information is knowledge and as such it does not derive its value from within itself, but from the potential of its use. In its sole unusable existence, information is valueless. Information does not have an objective trade value because attempting to trade it inevitably results in value imbalance and unfair trade where the seller is ultimately in much greater gain than the buyer as he never actually deprives himself of the information he's "selling" and this deprivation is what is essential for a trade to be possible. As untradeable, pure information economy cannot exist, but the information *based* economy where the main object of trade is not information, but something else that is only involved with information such as it's distribution, usage support etc. This is clearly the only way our progressively information dependant society can properly function contrary to the monopoly driven and artificially created environment of "proprietary" information where the impossible tradeability is being forced upon us resulting in great disruption of trade value balance and human rights.