Internet actually destroys value rather than creates it. That's not the case with the free mp3 audio books by New Fiction

Internet actually destroys value rather than creates it. What’s with all this free stuff like free mp3 audio books

Written by Free Audio Books - Free audiobooks on May 1, 2009 – 7:30 am -

We can see by now, with the Internet going full swing for over a decade, just exactly what it does to economic and social models. Back in its early days, when adolescent rhetoric was the lingua franca of the faithful, people simply assumed the Internet would be economically empowering, that it would somehow usher in an economic utopia. Several stock crashes and a zillion bankruptcies later, with libertarianism in ruins and capitalism on the brink – and with Web 2.0 enterprises like Facebook still unable to make a dime – we should know in our bones that’s not the case. NewFiction.com see free mp3 audio books brings good traffic but little revenue.

In fact, people are finally beginning to come to terms with the way in which the Internet actually destroys value rather than creates it. Indeed, the web may be the most efficient wealth-destruction machine ever devised. This was always the flip side of its immense efficiencies; the Internet made economic processes far less expensive, true, and cut out middlemen hither, thither and yon; but it also undercut the physical framework that made “value” possible. Indeed, the value of just about anything that wasn’t actually nailed down, like real estate, was quickly affected by the web. Locale, connections, knowledge – much of what made wealth possible at the individual level was attacked or simply replaced by the ever-rising tide of digital connectivity. Like free audiobooks and free ebooks.

Ironically enough, as the web grew, popular culture responded to it by declaring it a democratizing, even diversifying, influence – when obviously it was instead an agent of intense centralization. In fact entire industries quickly collapsed into a handful of Internet companies like Amazon or Expedia. And while a bazillion blogs have been launched over the past few years, everybody only actually reads about six. And even those we won’t pay for. Hub Review