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Author Topic: Is labour wealth?  (Read 722 times)
YOSHIE
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July 15, 2024, 03:35:00 PM
 #21

Is labour wealth?
Are you talking about employees and the wealth generated by a particular company or business venture......!
If yes, it is clear that workers or employees are the backbone of the company itself, generating a lot of economy and generating wealth which definitely cannot be separated from the role of workers/employees, for that reason if you have a company, try to treat employees/workers well, workers are assets for the company's future.

Many business ventures forget about land, they think workers are trash, so they act arbitrarily, when will business owners regret it when workers quit, just realized that wealth can no longer be obtained, so consider your workers automatically wealth will be stable.

R


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July 15, 2024, 10:40:19 PM
 #22

Labour for me is human productive effort towards achieving set target.To answer the question, labour may be wealth, in the sense that when others labour while you fold your harms and watch from where will the wealth come from? Wealth creation cannot be separated from human effort  both mental and  physical.
I could say that labour is wealth in the sense that a labourer deserve his wages one must work before eating, labour is truly wealth Because one must have an efficient way to get wealthy. Labourer can also be said to be the primitive period before wealth Because the end result of being laboured is wealth unless it one laboured in vain or had an issue , it can really give wealth. Wealth is acquired through consistent labour

 
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July 16, 2024, 06:49:17 AM
 #23

Labour for me is human productive effort towards achieving set target.To answer the question, labour may be wealth, in the sense that when others labour while you fold your harms and watch from where will the wealth come from? Wealth creation cannot be separated from human effort  both mental and  physical.

Labour is wealth and without labour they cannot be result of wealth no matter how. In the sense that you just have to fold your hands and see your wealth grow while others do the labour for you have signified how far you have come with your wealth creation through extensive labour you’ve participated in overtime to have breed this for you. If you haven’t made some sacrifices in the past, you can’t reach that stage where you want people to be doing the work and you sit and get the reward for that. At this stage, it means you’re given out of your wealth and getting larger amount in return. This is just like investment, you invest some little penny into those people doing the labour work for you and the result of the labour is now turned to more wealth for you to enjoy. By doing so, you’ve engaged both your physical and mental self in accomplishing your wealth want in life. Also at this stage, you may not require a lot of labour and you’ll be dealing more with your mental state which will also not be required that much.

In the journey of being wealthy, one must be committed in other to achieve his or her set goals,  every wealthy person started from some where and I believe the result of such person effort was what made such individual to be wealthy, it is only when you put up ideas that result will come.
Although there are people that has hustle very hard and have also engaged themselves in meaning things that aren't wealthy today, I feel that for us to be wealthy we must think outside the box in other to identify what the public wants so that we create such services to render to them and I believe in doing this such person is labouring to figure out ways to create wealth him or herself, we don't just stay idle to expect results, we must be resilient even though we fail, we should continue trying, failure is not an option for a man who believes in being wealthy, such individual believes that at every point in time, the brain should be at work to think out what line of action to take in other to continuously grow wealth, in conclusion, I know that some persons may be unlucky, no matter how it is, the major thing that triggers wealth is labour.

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July 16, 2024, 07:20:22 AM
 #24

Is labour wealth?
Are you talking about employees and the wealth generated by a particular company or business venture......!
i am also quite confused about what labour means in this context

the replies make it seem op is talking about labour in a sense that you are the one working yourself most people do not associate labour with wealth if you are working 24/7 and have your back bent over whatever you’re doing then you will be considered poor meanwhile people who have others work for them are the ones considered wealthy

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July 16, 2024, 07:28:32 PM
 #25

Labour for me is human productive effort towards achieving set target.To answer the question, labour may be wealth, in the sense that when others labour while you fold your harms and watch from where will the wealth come from? Wealth creation cannot be separated from human effort  both mental and  physical.
I could say that labour is wealth in the sense that a labourer deserve his wages one must work before eating, labour is truly wealth Because one must have an efficient way to get wealthy. Labourer can also be said to be the primitive period before wealth Because the end result of being laboured is wealth unless it one laboured in vain or had an issue , it can really give wealth. Wealth is acquired through consistent labour
One must work before eating? I think that's cruel. How can we have an energy to do our task if we don't eat first? Eating is important before everything else, especially the break fast one, though I think you also mean about the salary that we need to work hard first before we can obtain it and then we can eat a fine food that we want.

Wealth can be subjective and does not always mean money, and then some ways to get a wealth can only be simple or even not an efficient one. In addition to what I said first, health is also wealth and how can we be able to earn money if we are sick and weak because we neglect the basic and important things such as eating?

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July 16, 2024, 08:13:18 PM
 #26

Labour for me is human productive effort towards achieving set target.To answer the question, labour may be wealth, in the sense that when others labour while you fold your harms and watch from where will the wealth come from? Wealth creation cannot be separated from human effort  both mental and  physical.
Yes Labor is wealth because you use your physical and mental strength to earn money for yourself, this money you made through your hard work is your wealth, which means labor is wealth because if you didn’t use your strength, you will never get anything.

Take farming for example; farmers that don’t have money for mechanization do use their strength to farm, they do sell their farm products for money which is their wealth, they achieve this through their hard work of labor which means labor is their wealth.

R


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July 16, 2024, 08:50:05 PM
 #27

Wealth creation cannot be separated from human effort  both mental and  physical.
I agree about that. It's from us and we need to work for it. Whether you'd work smartly or hardly, or combined both of them. You'd still that there's the effort that comes from us. Without such, we don't know how to do it. And that's why there are people that have been blessed with their lives because they've been one of the hardest workers in the world and from there, they're realizing how they can make their lives better through their labour. Whilst the complainers, they don't have any other thing to say but to keep on complaining and their times are wasted with that matters instead of focusing to their labours.

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July 16, 2024, 09:09:02 PM
 #28

Labour for me is human productive effort towards achieving set target.To answer the question, labour may be wealth, in the sense that when others labour while you fold your harms and watch from where will the wealth come from? Wealth creation cannot be separated from human effort  both mental and  physical.

While labor can create wealth, it doesn't necessarily generate the most wealth for the person doing the laboring. Often you need vast infrastructures built up which create added value from that labor - think of car manufacturing or iphone factory lines. However you can have some basic jobs which directly create wealth for the person, if they choose to be in a more freelance type professional - like a home decorator, barber or electrician. Wealth absolutely can be separated from human effort - if you think that property is a store of wealth and those that own property may simply make money by renting out a place to live to people, but that has not necessarily involved much labor at all in the process.

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July 17, 2024, 05:18:38 AM
 #29

Working can indeed make a person rich, but of course from the results obtained one must be clever in managing finances.  There are many incidents where someone continues to work hard but cannot produce anything because they are too wasteful and cannot limit their desires
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July 17, 2024, 05:54:40 AM
 #30

Labour is wealth, wealth can be created with your physical or mental skills. There are some people that will be fortunate to inherit wealth but for the rest of us we have to work to achieve wealth. If you don't work you won't make money and it's money that can be used to build wealth.
I validate this point as you must do something tangible in the direction of wealth creation to be wealthy, you must put in maximum effort to be able to secure your dream future as a wealthy man, Even those who inherits wealth from the family must work hard not to loose it to scammers and different financial parasites.

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While labour is wealth lets not limit our thinking to it meaning hardwork because gone are the days when hardwork pays off. What you need now is to work smart and not hard. An example can be seen between a hodler and a trader, the trader would be seen as the hard worker because he has to study and monitor the market frequently but yet his success isn't guaranteed by a hodler (investor) only needs to have the money to buy Bitcoin and hodl for some years and he is definitely going to be more successful than the trader.

It is pertinent to note that before you think about working smart, you must work hard initially before you are plunged to the realm where working smart only is possible, citing your example above, the person has to work hard to get the funds and also the knowledge to purchase and secure his funds, else it would be lost and his assumed smart work lost anyways.

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Wealth creation cannot be separated from human effort  both mental and physical.

Effort is mandatory for wealth creation, wealth don't just happen, you have to be mentally and physically prepared for wealth before you achieve it. Not everyone can be wealthy because not everyone can be willing to sacrifice what is needed to become wealthy. People are comfortable with being able to afford their daily need that they don't build to create wealth for themselves and other generation to come.
Wealth is a thing of the mind, especially if you were not born with a silver spoon. There has to be a maximum shift in your mentality to radiate the waves and desire to wealth accumulation. Some principles must be observed especially Desire, specialized knowledge, focus and commitment to the course of wealth creation.

To be wealthy is about you as a person and not about having the money because even if you dash a person with low financial intelligence a lot of money, there would be possible mismanagement and loss of all funds with time, but a financially aware person would seek possibilities of maximizing the funds to create bigger wealth.

R


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July 17, 2024, 07:12:48 AM
 #31

Labor is a single type of resource, not wealth, as wealth is the situation where you have abundant resources. You're not yet wealthy if you have only labor (yourself, your energy). There are many types of labor, such as skilled and unskilled, etc., so it will differ in value as a resource.

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July 17, 2024, 08:43:10 AM
 #32

Labour for me is human productive effort towards achieving set target.To answer the question, labour may be wealth, in the sense that when others labour while you fold your harms and watch from where will the wealth come from? Wealth creation cannot be separated from human effort  both mental and  physical.
Labour is not wealth, but it's a means of obtaining wealth, the way I see it. If you are able to work productively, this ability is your asset, and you can put that asset to work, which may or may not result in wealth. Wealth can be obtained without labour (via inheritance, luck, or something like that), and labour doesn't always lead to wealth (you might work very hard but have a very low salary that barely allows to make ends meet, or you might have a great salary but serious financial obligations due to caretaking, serious health issues, etc.)

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July 17, 2024, 09:12:02 AM
 #33

Labour for me is human productive effort towards achieving set target.To answer the question, labour may be wealth, in the sense that when others labour while you fold your harms and watch from where will the wealth come from? Wealth creation cannot be separated from human effort  both mental and  physical.

We have two types of process at which people use to acquire wealth, the first one is wealth acquire through labour while the second one is a wealth acquire through inheritance, so actually 99 percent of rich people in the world now became successful because of how hard they have laboured because there is no way somebody will relaxed in one particular place and expect to become rich overnight it doesn't really work that way because to become successful you will always go through the labour process, however in as much as we also have what is called inheritance it also involves labour because to multiply the wealth you will always labour by putting in so much effort, so actually labour is Wealth because they are intertwined.

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July 17, 2024, 09:17:12 AM
 #34

I think it's just a matter of perspective. It depends on how you look at it and who your "employer" is, but to me, Labor is not wealth.
Let's say you are a donkey, camel or horse? Would you say labor is wealth? I don't think so. Those right there are the hardest working animals in human communities. Even the slaves and casual workers in most Third World countries would disagree with you.
There are different types of labour which can include skilled, unskilled, semi-skilled, and highly skilled or professional. Unskilled workers usually put in more labor but they earn low. The level of your skill will determine how much effort you put in and how much you earn. Highly skilled workers usually contribute mental labor but they earn more than others who put in physical labor. Even in third-world nations, those who are highly skilled still earn more.

Using animals to illustrate your perspective is funny, however your view is valid. The reason why these animals work hard is because they are not mentally sound like others. Dogs, cats, and other domestic animals live better lives because they portray higher intelligence. Dogs and cats work with law enforcement agents as detectives because they are skillful workers.

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July 17, 2024, 10:11:32 AM
 #35

Labour for me is human productive effort towards achieving set target.To answer the question, labour may be wealth, in the sense that when others labour while you fold your harms and watch from where will the wealth come from? Wealth creation cannot be separated from human effort  both mental and  physical.
Back in the day this was the case, all those henry ford type of people became rich by hiring more and more people to work for them, you could have dozens of factories and hire thousands of people. There are still places like that, look at companies who have the highest number of employees, they are high up there in the market cap as well. But it is not needed anymore, you could have just your money working for you, because in this day and age, money makes money. When you think about that, you realize that you would be actually doing fine.

All in all, you could just not have even one employee, and could have hundreds of millions of dollars, and keep making millions from that money as well by investing it correctly without hiring anyone or having any business.

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July 17, 2024, 11:14:29 AM
 #36

I think it's just a matter of perspective. It depends on how you look at it and who your "employer" is, but to me, Labor is not wealth.
Let's say you are a donkey, camel or horse? Would you say labor is wealth? I don't think so. Those right there are the hardest working animals in human communities. Even the slaves and casual workers in most Third World countries would disagree with you.

 Grin Grin This analogy seems very unusual because some people may want to argue that these animals you mentioned don’t need wealth in the same way that we humans do but it’s actually the perfect example that shows labor doesn’t always translate to wealth.

We can’t refute the fact that hard work (labor) is important in wealth creation but it is not the sole factor contributing to it. We have all fallen to misconception that wealth is a result of hard work and ignore the many other factors. Labor is just a piece of the puzzle among others such as access to resources and opportunities.

R


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July 17, 2024, 11:47:42 AM
 #37

Labour for me is human productive effort towards achieving set target.To answer the question, labour may be wealth, in the sense that when others labour while you fold your harms and watch from where will the wealth come from? Wealth creation cannot be separated from human effort  both mental and  physical.
No, you are wrong! The difference is that good labour may earn you wealth, especially if you know how to manage your life correctly, but labour can not automatically deliver wealth to you. Look around you, is it everyone who is hard-working is wealthy? Do some even earn enough to have anything reasonable to save?

Wealth and financial freedom work hand in hand and it is until you have enough to the point that you are no longer worrying again about the future that you are wealthy. Can all labourers say the same? That shows they are not the same. Also, some people will continue to amass wealth for themselves while you continue to labour for them unsatisfied financially. You can see that the equation is not balanced.

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July 18, 2024, 09:49:05 PM
 #38

Labour yields wealth, but not immediately. Every strong empire was laboured for, and still in progress. People labor to generate wealth. Labour is the process of organizing raw materials being brought together to create what people need. Every country labour to mine their mineral resources, refine, and export them to other nations. All the processes required for wealth is labor, both manual or automated. Surprisingly, some responses still count all labour as manual and sidelined the meaning of labour for automated machines and human resources needed to operate the machine. Just because automation appear easy, doesn't disqualify it as a means to labor.

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July 18, 2024, 10:17:25 PM
 #39

I think it's just a matter of perspective. It depends on how you look at it and who your "employer" is, but to me, Labor is not wealth.
Let's say you are a donkey, camel or horse? Would you say labor is wealth? I don't think so. Those right there are the hardest working animals in human communities. Even the slaves and casual workers in most Third World countries would disagree with you.
It is not all labour that can bring wealth, but we gain wealth by labouring because nothing good comes easily. It is not all labour that can make wealth because their are people who struggle day and night but still they still find life very difficult. Becoming wealthy is not just a thing of labour,  I think to be wealthy is beyond just labour, their are some other things that needs to be involved.

I just know it is not every labour that can make one to become wealthy and their is no wealth without labour, you need to pay some price which you really need to labour.

R


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July 19, 2024, 08:34:03 AM
 #40

I would agree on the point that labour as a whole brings wealth, but only to those who know where to put their skills to it. There is also a big factor of luck and coincidences, small and big, which shape our path to our goals, making it easier or harder, yet, human determination would always prevail in my book, sooner or later.

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