How do video games fit into this explanation? It seems to me that video games are becoming more and more complicated so that it takes quite a while before people learn them and many take ages of playing before "completion" or it could just be a case of getting better scores and never finishing.
--- Michael Nuwer <[EMAIL PROTECTED]> wrote: > David B. Shemano wrote: > > > Furthermore, why is it so easy for the masses to > learn to want to consume and so hard to learn to > want the alternative? > > David, > > I think Tibor Scitovsky has a useful answer to this > question. The modern economy > reduces the values of goods while it increases the > value of time. Although > Scitovsky's "The Joyless Economy" makes this > argument using conventional economics > analysis, I think it still offers many useful > insights. Thus, because of the > relative price structure between goods and time, > people will be attracted to goods > intensive activities and repelled from time > intensive activities. > > Time intensive consumption activities have the > particular property that their > marginal utility does not decline. Scitovsky focused > on the Arts, but, in general, > any activity that people must spend time learning > about in order to consume it > will be discouraged in the modern economy. > > With time intensive activities the more one consumes > the more satisfaction one > receives. Consumption of the arts requires more than > walking through a museum or > attending an opera. It means acquiring knowledge of > the subject. Most people can > consume and enjoy the latest Hollywood movie in > little more than the movie's > running time. This is seldom the case with art. > > > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l > Blog: http://kenthink7.blogspot.com/index.html Blog: http://kencan7.blogspot.com/index.html _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
