In market economy, we measure dollars exchanged for goods sold. Higher the value to the buyer (consumer), higher the price will be paid to seller (producer). In this traditional economy, it is straight forward to calculate the amount of value created and exchanged by following dollars.
When you look at Internet today, it is not so clear. We customers often get our value from producers without paying directly for that value. There are lots of examples like this. One example will be this Blogger, Google's blogging platform. I am getting value out of by using blog hosting service provided by Google. But I don't directly pay for it myself. Service is offered to me free of charge by Google.
When you look at Internet today, it is not so clear. We customers often get our value from producers without paying directly for that value. There are lots of examples like this. One example will be this Blogger, Google's blogging platform. I am getting value out of by using blog hosting service provided by Google. But I don't directly pay for it myself. Service is offered to me free of charge by Google.
