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Author Topic: The Prices of Labour.  (Read 649 times)
Fortify
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March 20, 2024, 08:20:12 PM
 #41

Forthnight ago, I sat down under a mango tree whose blossoming flowers are promising to humanity and birds. It gave a complete relaxation to me which enhanced a moment of reflections over events and nature around.
Barely an hour, two birds most probably male and female arrived to have their launch on the nectar of the flowers. Their arrival was heralded with a peculiar song that seemed esoteric, but it's lyrics was a lullaby to me.
Suddenly, there appeared in the scene a dramatic event. Three men were pushing an unkempt brand old Passat car towards me to be kept under the mango tree. It broke down complete while it was on it's way to the city. It is a property of a university Professor of Political science. In fact, the Professor was among the three men who were pushing the car.
Then, my reflection moved to the circumstances around the Professor. How much is the monthly salary of a Professor and other related allowances as are accrued to them in the midst of plenty. In fact, there monthly take home is meagre and is better imagined than experienced.
Is there Prices determined by the market mechanisms of demand and supply or by an authocratic Fiat of the government, thus what must be done to effect justice on this serious matter.
I would want the public in this forum to contribute.

Franky definitely has a similar mindset to me. For those people who are able to earn money and retain some of it after all bills are able to start accumulating wealth. Anyone can earn money - there are millions of activities and goods out there that are vying for your attention in order to take your money. People who are able to find the right balance, where they save / invest as much of their remaining capital as possible will be setting themselves up in the best position throughout life. Those who live for every pay day, in order to spend it all very quickly, will find that a desperate habit a few years down the line, so it's better to learn that lesson as early as possible. You don't need a fancy car to prove your worth to random strangers.

R


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March 20, 2024, 09:45:50 PM
 #42

The matter is purely speculation, I can even say that measure of appearance is relative to individual believe and choice not on fiat salary or level of income. The level if comfort if well paid professor with a statistics of 5 to 10 will differs because it's individualistic choice if living. Except where the government happened to give them the same car, same house but if it's the individual to make choices it will differs.
I am enough to believe that every job already has a minimum wage standard set by the government. So someone's income has been measured by workload and daily needs. So in my opinion the appearance is not a benchmark that can be used as a reference, because it is very relative. It is very difficult to guess the will and measure a person's level of happiness because basically it is something that is carried out instinctively not to the personal how much money he gathered
Agree with you. A person's appearance does not determine the high or low opinion of a person. Because this is purely a matter of managing finances well, we can only speculate about people's appearances but don't know what really happened.

There are also some people who have high incomes but they really appreciate the money they have. I also saw a professor in my area. His appearance is shabby, wears a t-shirt, often walks everywhere. But his property business is everywhere, his cars are also luxurious.

And usually people who are rich from hard work are different from people who are rich from instant results, so they enjoy it differently. if it is the result of hard work he will think about buying something that suits function, not prestige and will be more humble. It's different if someone obtains their wealth in an instant way, then they will waste their wealth even more because they never experienced the process of achieving it.

R


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March 21, 2024, 02:46:20 AM
 #43

I don't know about the situation in your country but here in mine professorship isn't really a high-paying job. If you reach a certain point where you are receiving a high salary, it simply means you deserve more. And that if you were working in a private company instead, you'd surely be receiving a much higher pay.

Forget about justice. We're living in an unjust world. The highest position in my land is taken by somebody who is a mere dropout. If you apply for a job position that pays the minimum wage, you'd be asked for a college degree.
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March 21, 2024, 01:11:53 PM
 #44

I don't know about the situation in your country but here in mine professorship isn't really a high-paying job. If you reach a certain point where you are receiving a high salary, it simply means you deserve more. And that if you were working in a private company instead, you'd surely be receiving a much higher pay.

Forget about justice. We're living in an unjust world. The highest position in my land is taken by somebody who is a mere dropout. If you apply for a job position that pays the minimum wage, you'd be asked for a college degree.

Right? Sounds like a hopeless land. It's tough to hear about professors not getting the recognition and pay they deserve and it's frustrating when education doesn't seem to count for much in the job market. It's a reminder that there's still a lot of work to do to make things fairer for everyone but seems like those in power are ignoring it for their own benefits

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March 21, 2024, 11:24:07 PM
 #45

I don't know about the situation in your country but here in mine professorship isn't really a high-paying job. If you reach a certain point where you are receiving a high salary, it simply means you deserve more. And that if you were working in a private company instead, you'd surely be receiving a much higher pay.

Forget about justice. We're living in an unjust world. The highest position in my land is taken by somebody who is a mere dropout. If you apply for a job position that pays the minimum wage, you'd be asked for a college degree.
There's nothing like watching the youths sitting in political or important positions, only the aged citizens that have experience will do. We can only be dependent on ourselves because winning is more tougher than expected but losing is very easy and straight. The prices we've paid doesn't match our energy for most of us. We're in the hard times and most of us will find it hard enough to become successful in life. I know it's not easy but we should be employing techniques that would inturn help us in challenging moments.

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March 21, 2024, 11:43:08 PM
Last edit: March 21, 2024, 11:53:55 PM by STT
 #46

The general take on this applicable for a long time is that the greatest profits go to people able to put a product into the economy, usable by the masses.   Inventing or being a great mind in the theories of a product is not always as rewarding financially.  I agree with the other points made, a car is a depreciating asset and also costs alot of tax many places so some dont want or need it especially.

The invention of cars paid less then those able to invent a good process of supplying cheap cars to many people.   Some of the greatest cars are limited run builds, I'll never see or drive one probably but the biggest amount of money is the product for many people not the elite.  Its a dynamic of revenues over margins that is ironically repeated in capitalism, people who argue for other systems like government based forget how awful government operates unmodified by open competition alot of the time.    Education is overwhelmed and biased by its government ties, its why the whole subject of economics has to be read while sitting on a block of salt to season all that nonsense with.

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March 22, 2024, 10:18:36 AM
 #47

It is not possible to get justice in today's age there is hidden personal interest in everything. Due to political and corruption common people never get more than their expectations and their needs remain unfulfilled. Wherever we work the owner does not make more work than the workers but does not pay the minimum wage. Companies have to suffer from the same situation to do the job. These conditions are very difficult for everyone to ignore.

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March 22, 2024, 02:53:25 PM
 #48

You can't judge a person's level of financial security based on the car he uses, maybe the car is part of his success story as a professor or maybe it's a family heirloom. Someone who looks economically deficient does not necessarily not have the money to buy a new car and it is not necessarily the case that someone who owns a new car has succeeded in achieving financial freedom. In a more objective calculation, maybe the professor has several other businesses that you don't know about.

It is wrong if you judge someone by what they use because a person's level of happiness cannot be measured by how luxurious the car they own. As a person who has gone through various obstacles in life, the professor prefers to live without any burdens borne by his limited salary level. He prefers a simple life rather than having to follow his desires by buying a new car but having to pay it in installments every month for two or three years.

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March 22, 2024, 03:58:18 PM
 #49

Prices are typically determined by market mechanisms of demand and supply in a free market economy, where prices are set based on the interactions between buyers and sellers. This allows for goods and services to be priced efficiently based on their perceived value and scarcity.

However, in some cases, governments may intervene and set prices through regulations or price controls in order to ensure fairness or address market failures. This is known as a command economy or an autocratic fiat, where the government dictates prices.🙂

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March 22, 2024, 04:24:48 PM
 #50

One should not judge someone or their situation after a few moments of acquaintance. Because every context can have a different story. And a professor's financial situation can never be bad.  A country's government provides a good salary for professors, and his car shows his generosity.  We see a lot of things on the road, but we don't have to take everything for granted, because what we see at first sight may not be the story behind it.

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March 22, 2024, 04:56:54 PM
 #51

The professor was just stranded that day professors make allot of morning even apart from their monthly salary
Personal am of the view that it's better you be self independent starting your own business rather than working for government or other organizations as what your been paid can't be equivalent to your work output
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March 22, 2024, 05:49:45 PM
 #52

Forthnight ago, I sat down under a mango tree whose blossoming flowers are promising to humanity and birds. It gave a complete relaxation to me which enhanced a moment of reflections over events and nature around.
Barely an hour, two birds most probably male and female arrived to have their launch on the nectar of the flowers. Their arrival was heralded with a peculiar song that seemed esoteric, but it's lyrics was a lullaby to me.
Suddenly, there appeared in the scene a dramatic event. Three men were pushing an unkempt brand old Passat car towards me to be kept under the mango tree. It broke down complete while it was on it's way to the city. It is a property of a university Professor of Political science. In fact, the Professor was among the three men who were pushing the car.
Then, my reflection moved to the circumstances around the Professor. How much is the monthly salary of a Professor and other related allowances as are accrued to them in the midst of plenty. In fact, there monthly take home is meagre and is better imagined than experienced.
Is there Prices determined by the market mechanisms of demand and supply or by an authocratic Fiat of the government, thus what must be done to effect justice on this serious matter.
I would want the public in this forum to contribute.

an unexpected event involving a Passat car and a Political Science Professor jolts us back to reality where life can be cruel and unpredictable. In spite of a person's job may seem glamorous or high-status, the truth about their financial situation may not always align with those perceptions.

Your question about whether prices are determined by market forces or government policy is an important economic and political question. It is known that the prices of goods and services are usually determined by market mechanisms such as supply and demand, but some forms of government intervention can also play a role in determining how the economy should be regulated. To address this serious problem fairly, a comprehensive approach is needed. This approach can be carried out through increasing community access to education and economic opportunities for every individual in society and also implementing policies aimed at redistributing wealth and equalizing opportunities. It also requires everyone's efforts and commitment to uphold a fair and inclusive system and combat injustice in our daily lives.

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March 22, 2024, 09:37:12 PM
 #53

As far as stories are concerned, yours is not too indifferent from what we have read before.

The number of threads with stories concocted specifically for the purpose of trying to get merits is quite extensive therefore it has to be the sceptical element in me but whenever I read these types of stories from members that do not have a high ranking (and as in your case the account was created just one month ago), I tend to not believe a word.

If you are telling the truth, there are better ways to discuss fiat, governments, Bitcoin, supply and demand as well as a lot more than a Newton style apple falling on the head before a vision of a grand opening OP.

Forthnight ago, I sat down under a mango tree whose blossoming flowers are promising to humanity and birds. It gave a complete relaxation to me which enhanced a moment of reflections over events and nature around.
Barely an hour, two birds most probably male and female arrived to have their launch on the nectar of the flowers. Their arrival was heralded with a peculiar song that seemed esoteric, but it's lyrics was a lullaby to me.
Suddenly, there appeared in the scene a dramatic event. Three men were pushing an unkempt brand old Passat car towards me to be kept under the mango tree. It broke down complete while it was on it's way to the city. It is a property of a university Professor of Political science. In fact, the Professor was among the three men who were pushing the car.
Then, my reflection moved to the circumstances around the Professor. How much is the monthly salary of a Professor and other related allowances as are accrued to them in the midst of plenty. In fact, there monthly take home is meagre and is better imagined than experienced.
Is there Prices determined by the market mechanisms of demand and supply or by an authocratic Fiat of the government, thus what must be done to effect justice on this serious matter.
I would want the public in this forum to contribute.

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someone703
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March 22, 2024, 09:47:57 PM
 #54

A professor's old car doesn't necessarily reflect their overall financial situation.  Imagine someone who prioritizes intellectual pursuits and a simple life over material possessions. The emphasis on professors' intellectual value is insightful.  They contribute significantly to society by shaping future generations and advancing knowledge.  This contribution deserves recognition and appreciation.

The clarification regarding professorial salaries and benefits is helpful.  While base salaries might seem low, allowances, grants, and other incentives can improve their overall compensation picture. However, the underlying concern about professorial compensation shouldn't be dismissed.  The narrative you describe, with a seemingly modest lifestyle despite academic prestige, suggests a potential disconnect.

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March 22, 2024, 09:56:18 PM
 #55

The professor was just stranded that day professors make allot of morning even apart from their monthly salary
Personal am of the view that it's better you be self independent starting your own business rather than working for government or other organizations as what your been paid can't be equivalent to your work output
That professor is serving a different purpose in life and that is his advocacy and beside you can’t really tell the financial status of someone on their material possession because we all have our own preference and maybe that professor is not materialistic and really love his profession. Having your own business is the key to become richer in life when it comes to increasing your financial value, workers will surely experience a hard time to become rich because they don’t have much time as they are working most of their time for others company.

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March 22, 2024, 10:05:05 PM
 #56

A single observation about a professor's car doesn't tell the whole story.  Imagine someone prioritizing financial security over material possessions, choosing to invest wisely even if it means driving a modest car. The distinction you draw between frugality and financial hardship is insightful.  Professors with strong business acumen could be making responsible financial choices, saving and investing for the future.

However, your concern about underpaid professors with high moral standards is well-founded.  Imagine someone dedicated to education but struggling to make ends meet.  This creates a difficult situation where financial pressures could compromise academic integrity. The argument that professors with exceptional intellectual abilities should have financial security is compelling.  Imagine attracting and retaining top academic talent by offering competitive compensation packages.  This could contribute to a higher quality of education.

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March 22, 2024, 11:32:08 PM
 #57

An intellectual and someone who is able to think positively, they will never allow themselves to be in a difficult situation. They will always try to solve all the problems they experience, and always plan how they can minimize the difficulties that will occur in the future. And as for some of them who feel quite depressed with all the difficulties that are currently happening, basically they are people who lack knowledge and are unable to think to find a way out of all the problems they are experiencing. They are only able to imagine and wish that their situation could be better than before, which means they do not make any efforts that can help themselves become better, apart from surrendering to the situation and waiting for a miracle to come to them.

And in my opinion, the old car owned by the professor is not the main reflection in describing the real life of this intellectual as a whole. Because perhaps this person is trying to cover up the wealth he has by appearing modest. And I think, for a professor who has above average knowledge, even if they don't appear in a luxurious style. Without needing to appear like that, other people know that he is much more valuable than the things he wears

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March 24, 2024, 08:21:55 AM
 #58

~~Snip~~

I will say you were just wise to write a strong story that is a bit useful to the forum, but almost every detail in the story you have brought is useless. If I may ask, what is the relationship between the topic and the content you wrote? This is just bullshit, but mind you, not every time you will just wish to create a story or narrate everything that you witness in reality. The main point of the content is the professor’s car: What is the essence of the first paragraph? Why not go to the main point so that you won’t stress people in the forum? 

I even see no point in comparing the car that person drives with his income. In economics, it can’t be comparable because those who practice finance management won't even buy the car because it is a liability, and a person who knows more about finance management will not advise anyone or see himself buying a liability for himself, because they believe anything that is not bringing you income is just a liability, so I see no reason for comparing a book by its cover. 

Normally professors practice a low-budget life, because they do everything in their life with budget which is the use of the knowledge they acquired. In other words, don’t judge a book by its cover. At the same time, when creating a topic, you should make sure you are bringing what will be very helpful to the forum society or any relevant issues affecting this society in order to make it more educational, but to me, this is of no use to the forum. 

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March 24, 2024, 12:18:02 PM
 #59

At the same time, when creating a topic, you should make sure you are bringing what will be very helpful to the forum society or any relevant issues affecting this society in order to make it more educational, but to me, this is of no use to the forum. 

I don't like it when I see a new member who is supposed to learn bringing up topics that will not help the forum members or the author. I think they often forget what the forum needs from them, or maybe they think they can get merit by creating a thread that will not help them in any way. However, this is a story that the Op brings up.

This is just a fishing story, as I didn't even see any point in that post that he made. I think he should go and learn so that he will know what the forum needs from him because without doing what the forum wants, which is the creation of meaningful contents, you won't get merit, and people will start critiquing every single post made by you. In summary, this is not how to get merit; you don't create lies. We have a lot of discussions going on in the forum. You can contribute, and if it's worth it, people will send it.

R


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March 24, 2024, 12:30:08 PM
 #60

Then, my reflection moved to the circumstances around the Professor. How much is the monthly salary of a Professor and other related allowances as are accrued to them in the midst of plenty. In fact, there monthly take home is meagre and is better imagined than experienced.
The worth of a man is not measured by material things or how they leave their lives, but by the there thinking faculty and what they have upstairs. Wealthy people always hide there identity and behave like a poor who doesn't have anything, but the poor remain poor because they pretend to be rich. And that will eventually make people not help them. So in my point of view peoples appearance is not determined by their aperance but what the have internally. That's why they said that you can not judge a book by its Cover.
Well yeah, that is what it should be. This also depends on where or what country that professor is in, wages are also different by countries. The story itself isn't that detailed so we cannot really judge based on that scenario because it might be that the car has been serving that professor for some years or that car is just a rental car or not even the professors car so hard to say something one sided. For me cars really does not define who we are or the capacity of our purses it is just the matter of preferrable choices. Poor people in America have cars on them though some are not but unfortunately here in my country being poor is really different and of course not able to have cars.



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