“Time you enjoy wasting is not a waste of time”?! Bullshit!
If you spend hours watching shows on Netflix instead of doing your school work, you are definitely wasting time, my friends – no matter how much you enjoy that show.
I think we shouldn’t look at the whole situation from that purely hedonistic perspective. Hedonistic here means only doing what you enjoy and avoiding what doesn’t bring you joy.
Instead, try taking the Epicurean perspective. Yes, capital “E”, because I’m not talking about being libertine, gluttonous or what not – that would be hedonistic, in the philosophical understanding. Now, in common knowledge, Epicur’s philosophy teaches exactly that: hedonism. Truth is, though, Epicur taught something different. He believed that we indeed strive for the things that bring us joy. Aside from the fact that “joy” for him meant a certain state of calmness (ataraxia), he on the other hand believed that sometimes, we do have to do things that cause us pain in order to achieve greater things that bring us even greater joy.
Back to my example: Yes, maybe watching that show on Netflix brings me joy right now. Studying, however, causes me pain right now, but will bring be even more joy once I’ve finished/I receive a good grade on my test/graduate and get my dream job.