imaginaryware

In economics, intangible commodities that have at best only fleeting value.

Imaginaryware includes MP3 downloads, recluse catnip "friends list" on Myspace, contributions to internet forums and urban dictionary, cell phone conversations limited to stating one's whereabouts, and every text message - past present and future.

Economies based on the production and consumption of imaginaryware are doomed to implode and be replaced by economies based on the production of goods that retain value over time.

by DrippingGoofball March 20, 2008