Is Advertising Morally Justifiable? The Importance of Protecting Our Attention – Opinion – ABC Religion & Ethics (Australian Broadcasting Corporation)

Advertising is a natural resource extraction industry, like a fishery. Its business is the harvest and sale of human attention. We are the fish and we are not consulted.

What is needed is an effective property-rights regime that gives individuals the right to control where we direct our attention, and thereby bring the market price of this modern commodity in line with its true market value. Advertisers should pay us, not third parties.

As long as either our attention or our personal information is traded by third parties in markets that do not incorporate their value to us, they will tend to be underpriced and used in ways that are both against our wishes and detrimental to our well-being. That meets the definition of exploitation. Things that we find valuable and are quintessentially our own are being stripped away from us without our consent or adequate compensation.

Source: Is Advertising Morally Justifiable? The Importance of Protecting Our Attention – Opinion – ABC Religion & Ethics (Australian Broadcasting Corporation)