Question: QUESTION 1: In the Information Capitalism SSA, how do new information businesses earn revenue and how is that different than other businesses. How are the
QUESTION 1:
In the Information Capitalism SSA, how do new "information" businesses earn revenue and how is that different than other businesses. How are the costs different? How do these changes affect class struggle. (Huge Hint Think of Uber and capital and workers.)
QUESTION 2:
Why is it important for us to hold other things constant when looking at the determinants of total profits and the profit rate (or really-when looking at any kind of casual relationship). Think of real examples of where the real world has several things changing at once, but in order to predict what happens (or improve the outcome) we need to break it down into components and examine them separately.
QUESTION 3:
Why does it matter that economists view"profits" differently than business owners, accountants and even the government. Yes, you should reiterate those differences. For this question, some real-world examples would be nice. During this pandemic we can see lots of examples of businesses facing economic decisions where the concept of "profit. is very important. You don't have to research a real business, an apocryphal story will suffice.
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