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Just my thoughts #0171

Painting is media and power. The mural in the medieval cathedral was considered for the illiterate who could not read the Bible. Only priests had access to type information. This was power. The Reformation weakened this power. New media changes the power. It creates power or moves. Our daily lives exist in this power. Writing, photography, and graphics still influence power. If you need help understanding the power change or shift, you do half art and half business. - Joseph’s “just my thoughts”

Just my thoughts #0077

In wealth, the first is value exchange and the second is added value. "Value exchange" occurs when "need (demand)" comes first. Making and exchanging bread with wheat is a value exchange. The price of bread is higher than the price of wheat grain. The price difference is value added. For value-added to occur, "benefit" must be provided. To provide this "benefit", you have to incur costs and expenses. This is called investment. In other words, the value added is the result of the investment, the surplus is subtracting the costs and expenses from the supply price. You can calculate the value added to make a profit if you first know your investment condition and its amount. "Wealth" only occurs when "value-added" is accumulated.


- Joseph’s “just my thoughts”




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