An emerging industry in the service sector

How do we define commodity? I suggest it be a package of energy-matter on which we could impose a value. Here is perhaps an outlandish example of that: online scamming. Sure we all feel disgusted about such unruly, unlawful beasts coming from places like Africa or other underdeveloped regions. The exploitation of internet transcommunication has shortened the distance between the criminal and victim. The idea of transaction cost has been scaled to a minimum. It is a platform that truly exposes the talents from a pool of 6 billion people on earth, and not just modularized by artificial geographical boundary or providential background. In a way that really catalyzed the whole process of cognizance evolution, despite the negative effect on well-established, well-to-do communities like many in america or europe.
  If we look at scamming more closely, what happened on the psychological level is that the alleged victim gets a certain adrenoline rush from delivering their hard-earned money to this faraway stranger. The bewitching tone in the baiting message must be so captivating that one could experience a completely new perspective on his life, be it a refreshing romantic affair, a godsend fortune, or whatnot, the same effect as accomplished by the quotidian use of controlled substances. And the cool thing is such experience does not incur legality of any sort, unlike using drugs which has a two-way blockade. After all who would care if you throw away your money to help someone living in those places unsalvageable by political or economical means? You are a savior by God’s sake and without investment return. After all the moral justification of victimizing yourself in these scandalous dealings, one could even pat on his shoulder and say truthfully that victim is not the most appetizing term to present himself to the public eyes. A consumer, perhaps in an unconventional sense, would be more apposite. We could excruciatingly examine all the criteria for such a transaction to be considered a bartering exchange, but intuitively speaking, one sees how the consumer benefits from his distribution of his capital, despite all the social ridicule as well as self-abandoming aftermaths. One also finds a certain intrinsic value in the commodity that he purchases: the scammer has to work real hard to convince his "buyer" that the goods are indeed good, and furthermore that they exist! Of course since machine hasn’t been advanced enough to replace human thought process, especially in the realm of persuasiveness and romantic innuendos, we sorta prove existence by being humans ourselves. A still stronger evidence for the legitimacy of commercializing scams is that there are so many people doing that! And not so few who fall victim every year either. After all a market that consists of only a few players cannot be baptized into the league of other capitalistic enterprises as easily as one who already encapsulates a tremendous amount of profitable momentum. And in case my starting sentence didn’t seem to ring a bell in you, the value of such exotic transaction is of course simply calculated by the amount one loses. We are always talking about economic value here, not personal, judgmental or spiritual values, which belong rather to the domain of humanity.

About aquazorcarson

math PhD at Stanford, studying probability
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