It would help if you had a good idea about wealth and property, but you will understand in which direction the labor thing can be directed. If you know about wealth and property, you will need help understanding what it means. The labor depends on property because it is there today and may not be there tomorrow. Depending on your human side and mental health, it will go up and down. However, if you can make wealth by applying labor correctly, your wealth will be converted into labor.
If you want to make wealth, you must give a lot of labor. Then, you can slowly move towards wealth and make wealth. Where you do not have labor, nothing will come to you economically; labor will be useless when you cannot bring anything economically. Therefore, you should move towards building wealth by using labor correctly.
Topic: Is labour wealth? (Read 1931 times)
I don't think labour is wealth, because I have seen some labourers who are still poor despite their labouring every night and day which is the reason I said labour is not wealth, but it can lead some people into wealth when they are labouring in a profitable job.
We cannot deny that there are labour who remain poor even though they have worked hard beyond their working hours, but have we ever imagined that if these labours did not work, they would certainly become poorer and even die of starvation, so labor can be said to be wealth even though not all labour can gain wealth from their work.
In fact, we will not have assets if we do not have the opportunity to invest because investment will make us wealth, unfortunately investment can only be done when primary needs have been met, and labors in developing and poor countries find it difficult to achieve that.
The wider question is any crop can be wasted without the demand for the produce, simple as that the labor also can be a wasted resource if situated in the wrong place. Plenty of economies have failed for lack of trade and inability to utilize that resource, such as labor or any other commodity. Its tragic because people deserve better but a failed economy can be terribly cruel in this way.
This whole plight goes a long way to understanding the thinking behind the decisions of the Federal Reserve so it is an important idea to recognize even in the modern context of an economy with greater factors and technology to past failures such as the 1930's
This whole plight goes a long way to understanding the thinking behind the decisions of the Federal Reserve so it is an important idea to recognize even in the modern context of an economy with greater factors and technology to past failures such as the 1930's
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?
Tho we mainly define labour as humanly efforts in something in achieving a particular goal but then looking at the brighter side of everything labour can be wealth as well, in so many ways. But a better description of how labour is wealth cannot be overemphasized but having put in so much into a job, with time it produce results and that results is what determines your wealth that's how i see it.
I don't think labour is wealth, because I have seen some labourers who are still poor despite their labouring every night and day which is the reason I said labour is not wealth, but it can lead some people into wealth when they are labouring in a profitable job. When you have your own investment that you are labouring for, it will bring you hugs amount of wealth but if you are a servant labouring under somebody, it will be difficult for you to make wealth, because the owner of the investment will not allow you to make it more than him that own the investment no matter the labour you labour to change the investment positively. If you know how to labour very well, I don't think wealth will be far from you, because those that labour always have the opportunity to become wealthy in the nearest future.
I know it's hard to understand what's the point of OP but I think you misunderstood it. He doesn't mean that manual labor is wealth, he means that without labor, wealth can't be created and the real wealth comes from labor, which I agree. Delivery, warehouse, farm, building and all these jobs need a manual labor and they create the most wealth but sadly, they are underrated and underpaid.By the way, what you say is true, labor that works under someone's guidance, doesn't earn money but manual labor, that's self-employed, makes a good money. For example, pool cleaners that work individually, have a very good income.
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.
Health and labor are precious human resources that cannot be exchanged for money or any valuable worldly possessions. If a man's labor is combined with intelligence and entrepreneurial spirit, he can change his personal situation in a short period of time. There are many lazy people who have enough mentality to work but they cannot change their own condition even though they are hardworking enough only because of lack of timely labor and lack of entrepreneurial spirit. 
Today Inflation is on the head and poor people cannot save money if he has no house to live . After COVID 19 inflation became double and most of the middle class people became poor people and poor people became more poorer because their government applied taxes on them.
No matter to which country you are living, but matters a lot what kind of financial statement you have because it will change your fate . You should focus on making assets if you want to be rich in Future and make a habit of learning new things which will change your life .Middle class people always buy liabilities which have no worth like asset but that people buy for show of .
Things aren't always looking that great for us, and because of that we are sometimes not really seeing the beauty of life since we are forced to look at how to stay alive. The poverty situation in almost every nation making things harder and because of that we can't really focus on how to grow further and do better, we are always focused on how to get better rates, and because of that we can't always get our head outside of financial troubles.No matter to which country you are living, but matters a lot what kind of financial statement you have because it will change your fate . You should focus on making assets if you want to be rich in Future and make a habit of learning new things which will change your life .Middle class people always buy liabilities which have no worth like asset but that people buy for show of .
There are different kind of people too, some who are afraid of debt and that is why fearing living as well, and there are some who are just doing whatever they want and not really focusing on how to grow at all. We should focus on how to grow further, and if we can do fine, then we shouldn't worry, don't be afraid.
I don't think labour is wealth, because I have seen some labourers who are still poor despite their labouring every night and day which is the reason I said labour is not wealth, but it can lead some people into wealth when they are labouring in a profitable job. When you have your own investment that you are labouring for, it will bring you hugs amount of wealth but if you are a servant labouring under somebody, it will be difficult for you to make wealth, because the owner of the investment will not allow you to make it more than him that own the investment no matter the labour you labour to change the investment positively. If you know how to labour very well, I don't think wealth will be far from you, because those that labour always have the opportunity to become wealthy in the nearest future.
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.
From your post, I understand that labor is itself a source of wealth, and investing in it will increase your income. Your post highlights several key points about labor and wealth, and your stance is that wealth cannot be increased without labor. However, as I interpret your post, I would argue that labor is not the only reason for wealth. Labor is the one who follows orders about what to do and what not to do, the driving force behind it is the mind of the owner, who calculates everything and creates plans for increasing money. Labor is merely a means to achieve the goal. I respect your concern about labor, as they are important for society, but it is not the reality that they are the main factor in acquiring wealth. Wealth is also inherited from parents to children, so also keep in mind it. 
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.
In my understanding, if we have no effort or labor to do, we will not accumulate wealth in the future, because most of the time people exert effort, especially if you are an employee, they are only focused on their thoughts that they need to do their job well in the company so that they can get paid or receive money.
Why? Its either they have a family that needs to be helped or supported in short responsibility that must be fulfilled, especially if their salary is only enough or even insufficient, it will be difficult for them to save so that they can have wealth for the future.
No matter to which country you are living, but matters a lot what kind of financial statement you have because it will change your fate . You should focus on making assets if you want to be rich in Future and make a habit of learning new things which will change your life .Middle class people always buy liabilities which have no worth like asset but that people buy for show of .
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.
In my understanding, if we have no effort or labor to do, we will not accumulate wealth in the future, because most of the time people exert effort, especially if you are an employee, they are only focused on their thoughts that they need to do their job well in the company so that they can get paid or receive money.
Why? Its either they have a family that needs to be helped or supported in short responsibility that must be fulfilled, especially if their salary is only enough or even insufficient, it will be difficult for them to save so that they can have wealth for the future.
If you ask this businessman who was able to organize his business, then in most cases, we will hear that it was created by hard work. It is unlikely that someone who suddenly received a large sum of money (inheritance or winnings, for example) will be able to properly organize his future business. It is not necessary to call physical labor hard work. To get a good education, and sometimes more than one, people work much more mentally if you take into account the number of hours spent on textbooks. Therefore, I would say that yes, labor is a business that brings profit; this can be designated as wealth. The difference is that everyone decides for himself what kind of work and what amount of profit is wealth for him.
We need to understand the context in which the word 'wealth' is used, whether for a lot of money or just money in general, be it any amount. Someone could say, "Labour is wealth" in the context that anything you work for, both physical and mental, can earn you some money. However, "Labour is wealth" can also refer to gaining a lot of money through physical or mental labour.
The first context would make more sense because it's true: anything you do as a profession should earn you some money, whether you use physical strength or mental strength. So, labour should be equal to wealth; wealth means money.
The second context can only be correct in some cases, such as the one you mentioned about people working hard to create businesses and companies, which can earn them a lot of money; a lot of money means wealth, so their labour is turning into actual wealth.
Behind the success of every work lies labor. Even behind the development of any country, labor is behind it.
Many of us do not understand the meaning of labor. Labor is of two types: physical labor and mental labor. Only those who can give both types of labor to any work can achieve happiness and success in life.
Just like the relationship between animals and plants with the sun, there is a close relationship between labor and society and civilization.
Finally, we can say that we have to work hard for the development of our personality and the country. Therefore, it can be said that labor is wealth.
Many of us do not understand the meaning of labor. Labor is of two types: physical labor and mental labor. Only those who can give both types of labor to any work can achieve happiness and success in life.
Just like the relationship between animals and plants with the sun, there is a close relationship between labor and society and civilization.
Finally, we can say that we have to work hard for the development of our personality and the country. Therefore, it can be said that labor is wealth.
When we talk about Labour, is the amount of human effort applied on a particular job to achieve a goal.And when we talk about wealth this is simply the availability of resources (money) . Labour is required to get money or wealth no individual sits and get paid and no one sits and get wealthy every individual must work to get rich. But some individual sit doing nothing and complain and hardwork is also required
Labour can be wealth because we use our skills and knowledge to add value to inputs to produce something of value. That value add belongs to the person who laboured for it. So it can actually generate a means of making someone to be wealthy.
If you have an orientation that labor is a physical force at work, it will not bring you wealth, just like laborers, factory employees and others who are called manual labor, you will find your point of view on this, but if you see labor as a factor that must be included in building wealth and mentality and also a smart brain in business, of course labor becomes very important to be included in the formula, we may need to ask if the business owner is not labor? of course I would call it labor, but independent labor for his own business.
We are watching different types of people in our society. Every person has different domain , different circle and different network. If someone is a teacher he has a network of teachers and his mostly friends will be teacher and in common,his friends will be educated person. If someone is labor, his mostly friends are labour and they earn money from hard work which is important in life . If any man is doctor and he will have circle of doctors and he will be comfortable with doctors and also he will enjoy the company of them . But all kinds of professions are labour but some are respected in the society and some are not respected .But work is work and everybody pays us when we do work for him and through skills we get income and give our time and get money. 
If you have an orientation that labor is a physical force at work, it will not bring you wealth, just like laborers, factory employees and others who are called manual labor, you will find your point of view on this, but if you see labor as a factor that must be included in building wealth and mentality and also a smart brain in business, of course labor becomes very important to be included in the formula, we may need to ask if the business owner is not labor? of course I would call it labor, but independent labor for his own business.
If you ask this businessman who was able to organize his business, then in most cases, we will hear that it was created by hard work. It is unlikely that someone who suddenly received a large sum of money (inheritance or winnings, for example) will be able to properly organize his future business. It is not necessary to call physical labor hard work. To get a good education, and sometimes more than one, people work much more mentally if you take into account the number of hours spent on textbooks. Therefore, I would say that yes, labor is a business that brings profit; this can be designated as wealth. The difference is that everyone decides for himself what kind of work and what amount of profit is wealth for him.
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.
Sorry to say labor doesn't really defines wealth but skills and qualifications is mostly subjected to wealth creation. I have seen those who labour and got employed yet their salaries didn't create wealth for them rather it's only create a semi payment channels to keep you earnings while you sort out your emergence need at the moment. So, to me wealth comes entirely from your creativity such as discovery or invention of things can make you easily wealthy than labour, although labor can be termed as the general classifications, because as one is putting efforts to produce a specific results is also known to be labor. Therefore, effort, skills and creativity or invention can be termed to be a process of labouring. 
Yes a country can earn a lot of foreign exchange by exporting labor. If a country has sufficient population, they are not skilled, the government of that country should take adequate action plan to make them skilled. Many underdeveloped countries use this method to turn their manpower into public resources.
This is one of the efforts that must be made by the government of each country if they want their citizens to be smarter and more attractive to other countries in terms of more competent human resources. However, apart from that which must be an important point for the government, other things also need to be considered by the government such as a good economic sector and also an adequate level of infrastructure development to facilitate access for its citizens when they want to do something or want to learn about something more useful. 
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.
If you take a good look at the economy of these countries, America and China, you will see how strong their man power is. The development of a country mainly depends on the labor force, the country and nation that are hardworking can develop very easily. Countries that have large populations earn millions of dollars a year by exporting workers.As a country labour is surely big wealth which can change the fortune of countries as they can take good foreign reserve which is currently most important for having things and bringing more technology which is essential for the development of country and having better life for the common peoples of every country.
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