Hacker Read top | best | new | newcomments | leaders | about | bookmarklet login

Human ingenuity needs raw materials to execute industriousness upon.

And if the industriousness does not add enough value to the raw materials, then the financial return from the industriousness will not exceed that from the raw materials alone.

Most new ventures rely entirely on simple trading, profiting (subtracting wealth) without adding any value.

Other than trading the raw materials themselves, these ventures could not thrive unless someone else already had added some value to some raw materals so there would be someone other than commodity owners to sell to.

Plus if a raw material can not be commoditized, there will not be enough to go around.

As valuable commodities go, fuels by definition have always been cheap enough to burn, the value lies with the enormous quantity in essential commerce.



view as:

Legal | privacy