Is labour wealth? | Bitcointalksearch.org

lovesmayfamilis

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Quote from: bangjoe on September 22, 2024, 01:54:57 PM

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.

SmartGold01

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Quote from: premier97 on July 14, 2024, 12:44:59 PM

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.

wmaurik

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Quote from: liasbaa on September 25, 2024, 07:30:59 AM

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.

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Quote from: liasbaa on September 25, 2024, 07:30:59 AM

Quote from: Nothingtodo on September 24, 2024, 10:26:16 AM

Quote from: premier97 on July 14, 2024, 12:44:59 PM

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.

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.

There is no doubt few countries are already doing good in this and having good advantage of their system which is producing good number of skilled workers which are giving them good funds, and they are bringing changes into their structure and having good development with this money but sadly still things are going good for few countries with many are wasting their manpower as they are not bringing changes into their domestic system for having skills and better things for their countries.

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.

NurseHub

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Yes, we can say labor is wealth.

When you emphasize the ideal that hard work and effort are essential for making wealth and success, putting more effort and diligently, you are likely to achieve your goals and build your future.

The wealth is the value of working hard that has been deducted from your work. Remaining consistent in labor can lead to a positive, prosperous outcome in the future.

In a situation where 2 people are working in an
organization and one person is multiple taxing by working in the forum and has been working so hard, putting all his energy to the forum and participating in everything working to generate good post-share ideas, which is the labor added to his other activities is actually generating more than the other, differently he will become wealthy on like the person relaxing and waiting on government payment alone.

Unity for Humanity

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Labor comes in many forms, physical labor and mental labor are closely related. An engineer uses his mental labor to build the structure of a large apartment and the physical form of that structure we can see through physical labor. That is, if the masons do not pour concrete according to that structure, then the building will never be visible. But we socially respect an engineer as much as we respect a day laborer but it should be done.

EarnOnVictor

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Quote from: Onyeeze on September 23, 2024, 04:47:20 PM

Labour is not wealth from the way I understand what's wealth, even hard working is not also a wealth, but with good plans hard work can create a part for you to acquire wealth, not every hard working personnel or officer that have wealth, if you want to describe for solution for wealth I will say that wealth is all about someone concentration and focus in what you are doing, because if you don't get focus you will not active your dreams, so I know very well that we have to be focused we have to understand that different things contribute for wealth not Labour

Thank you for this and I tell you emphatically that you are valid with this point, the OP misrepresented fact and I wonder how it can ever translate to wealth. Hard or soft labour, if you will be poor, you will be poor, and again, hard or soft labour, if you would be wealthy, you would be wealthy. As the two classes engage in the same size of labour, the two main things that would have differentiated them are their smartness/creativity and the resources at their disposal.

If you have the two positively, you can labour less and still be more productive, and this productivity will easily amass your wealth for you. But if you have them in a small amount, I'm sorry, there is no way you can be wealthy, unless you are just lucky. I've seen enough hard workers that remain very poor, and I've seen enough smart workers that you will not even know they work at all living in wealth and even using it to control other people to labour for them.

Yukyzu

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Quote from: uche6215 on September 25, 2024, 06:20:09 PM

There's a link between labour and wealth, infact wealth is directly proportional to the amount of labour that you put into into a particular task

The easiest way to make money is through labour and your abilities to work, labour translate to wealth at the long run infact there is this popular saying that labour is the pillar of success so the explication is that the foundation up on which success is built on is labour, so labour is wealth at if anyone wants to become rich in the future then that person needs to labour

To be able to do hard work, good skills are needed in the field of work that we do and without skills that we can master well it is very unlikely that someone will be able to get good results from the work they do so anyone who does hard work must have good skills and also must be patient from every process that they must go through because without patience it is very unlikely that they will be successful in the field of work they do and can accumulate wealth and it is also very important for those who want to be rich to have good financial management because without being able to manage their income of course they will use more of their wealth on unimportant things so it is difficult for them to become rich.

uche6215

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There's a link between labour and wealth, infact wealth is directly proportional to the amount of labour that you put into into a particular task

The easiest way to make money is through labour and your abilities to work, labour translate to wealth at the long run infact there is this popular saying that labour is the pillar of success so the explication is that the foundation up on which success is built on is labour, so labour is wealth at if anyone wants to become rich in the future then that person needs to labour

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Quote from: Nothingtodo on September 24, 2024, 10:26:16 AM

Quote from: premier97 on July 14, 2024, 12:44:59 PM

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.

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.

Princeeibn

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Quote from: premier97 on July 14, 2024, 12:44:59 PM

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.

You’ve hit the nail on the head! Wealth is indeed a result of human effort, whether it's physical labor or mental creativity. The idea that wealth can magically appear without any form of labor is a myth. Even those who seem to "watch from the sidelines" have often put in their share of hard work or are leveraging the efforts of others through investments or strategic planning.

True wealth creation requires effort, dedication, and a mindset focused on achieving set targets. It’s a process where every bit of labor, no matter how small, contributes to the bigger picture. At the end of the day, it's the combined human effort—be it physical, mental, or both—that drives wealth creation and growth.

wmaurik

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Quote from: Nothingtodo on September 24, 2024, 10:26:16 AM

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.

There is no need to be surprised by this because the residents of the two countries you mentioned are residents who do have the intention to work and try to make their country more advanced by helping the government in realizing this. Because when all the people in the country are seen to be more prosperous through the efforts they have made so far, of course the country will look advanced and more developed in terms of economy so that people in other countries also need to follow in such footsteps as long as this is still very possible to do.

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Quote from: Albarq on September 24, 2024, 07:08:38 AM

Wealth depends on us to create it ourselves, in the sense that we need to make a serious effort so that what we want can be achieved with the hope that in the future it can be realized and implemented well, and it is important to think more positively.

A person's wealth is different, sometimes people are rich in wealth but they are poor in heart, there are also rich in heart but they are poor in terms of wealth, the worst are people who are poor in wealth and poor in heart, rich people who have a lot of wealth and shops everywhere will develop more if they humanize their workers or their workforce, but rich people who are poor at heart will find it difficult to develop if their workforce does not feel happy in the place where they work, indeed we have to strive for wealth with full obstacles and challenges, We must also think positively and then develop creative ideas so that we can achieve success and receive wealth from the results of our own hard work.

Nothingtodo

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Quote from: premier97 on July 14, 2024, 12:44:59 PM

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.

Onyeeze

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Quote from: Albarq on September 24, 2024, 07:08:38 AM

Quote from: Onyeeze on September 23, 2024, 04:47:20 PM

Labour is not wealth from the way I understand what's wealth, even hard working is not also a wealth, but with good plans hard work can create a part for you to acquire wealth, not every hard working personnel or officer that have wealth, if you want to describe for solution for wealth I will say that wealth is all about someone concentration and focus in what you are doing, because if you don't get focus you will not active your dreams, so I know very well that we have to be focused we have to understand that different things contribute for wealth not Labour

Wealth depends on us to create it ourselves, in the sense that we need to make a serious effort so that what we want can be achieved with the hope that in the future it can be realized and implemented well, and it is important to think more positively.

actually you're right but I know very well that wealth depends on creativity and management sometimes what makes people not to know that you can make wealth, the impact you create gives you wealth, if you create negative impact for yourself with zero management you will not obtain wealth but if you are positive in whatever you're doing and manage it well you will have more wealth so what I believe is what is all about your arrangement and sittings for your business and establishment

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Quote from: Onyeeze on September 23, 2024, 04:47:20 PM

Labour is not wealth from the way I understand what's wealth, even hard working is not also a wealth, but with good plans hard work can create a part for you to acquire wealth, not every hard working personnel or officer that have wealth, if you want to describe for solution for wealth I will say that wealth is all about someone concentration and focus in what you are doing, because if you don't get focus you will not active your dreams, so I know very well that we have to be focused we have to understand that different things contribute for wealth not Labour

Wealth depends on us to create it ourselves, in the sense that we need to make a serious effort so that what we want can be achieved with the hope that in the future it can be realized and implemented well, and it is important to think more positively.

Onyeeze

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Labour is not wealth from the way I understand what's wealth, even hard working is not also a wealth, but with good plans hard work can create a part for you to acquire wealth, not every hard working personnel or officer that have wealth, if you want to describe for solution for wealth I will say that wealth is all about someone concentration and focus in what you are doing, because if you don't get focus you will not active your dreams, so I know very well that we have to be focused we have to understand that different things contribute for wealth not Labour

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Quote from: Alone055 on September 22, 2024, 01:39:35 PM

Quote from: Zoomic on September 21, 2024, 03:09:36 PM

Labour is used to create wealth, does it make it wealth?
People use palm fruits to make soap, does it mean palm fruit is soap itself?
If labor is wealth, how then do we classify forced labor?
Labor and wealth no doubt are related, but labor is not wealth. In most cases, labor alone can not create wealth. Labor works in conjunction with other factors of production to create wealth. Wealth can only be created if all these factors of production are applied productively and efficiently. Mere having that human mental or physical effort is not enough, if that alone was enough, we wouldn't be having lots of poor people on the streets.

Agreed. Labor is not wealth for the laborer, if it was, uneducated people who work so hard for small daily wages would be rich in no time because an average laborer works way harder than a person sitting in an office but the amount of money they both make has a huge difference. Labor is wealth for those who are getting it used for their benefits. Take the example of a factory where thousands of people work, make products, do packing and everything, even if most things are done through machines these days, there are still human workers in there managing everything. What do they get? An average monthly salary. Who earns most of the money being made by the products made in that factory? The owner of the company, of course.

Link
This video I provide above is a replica of your explanation. I have discussed this kind of issue before about labour and wealth, everyone has their perfect definition of labour and wealth but the truth be told, without labour there is no wealth. Wealth is a product of labour, for one to achieve wealth he must work hard. Although people often talks about working smart and not hard, but I disprove that fact. I believe that even the smartness people they reffer to, still requires hard work to stay at the top. People also talks about how the boss earn the highest shears why the labourers earn peanuts, but haven't ask how the boss was able to become the boss. A boss was once a labourer so a person starting up his life can learn a skill from his boss no matter the treatment just to become a boss or master of his skill.

uneng

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Quote from: Zoomic on September 21, 2024, 03:09:36 PM

Quote from: Kcrypto18 on September 20, 2024, 09:18:11 AM

To me, labor is wealth. Arguing that labor isn’t linked to wealth doesn’t make sense because wealth can’t exist without work. Human effort, whether it's physical or mental, is always behind wealth creation. The idea that wealth can be made without labor ignores the fact that everything valuable comes from someone's hard work. You can't separate wealth from the effort that creates it.

Ain't you contradicting yourself?
Labour is used to create wealth, does it make it wealth?
People use palm fruits to make soap, does it mean palm fruit is soap itself?
If labor is wealth, how then do we classify forced labor?
Labor and wealth no doubt are related, but labor is not wealth. In most cases, labor alone can not create wealth. Labor works in conjunction with other factors of production to create wealth. Wealth can only be created if all these factors of production are applied productively and efficiently. Mere having that human mental or physical effort is not enough, if that alone was enough, we wouldn't be having lots of poor people on the streets.

It's true. Wealth is different than labor, although both are connected. You can become wealthy depending on how you manage the fruits of your labor and depending on how much income you make from your labor. If income made is only enough to pay for expenses and basic needs, wealth won't be achieved in the end of the process. So, alternative sources of income must be taken into consideration and developed.

There is a saying here which states that "who works too much doesn't have enough time to earn money". It means that too much effort put on generating labor, doesn't necessarily result in considerable positive financial returns after all... Therefore, this equation between both elements has to be balanced in order to result in positive outcomes for the individual.

bangjoe

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Quote from: Alone055 on September 22, 2024, 01:39:35 PM

Quote from: Zoomic on September 21, 2024, 03:09:36 PM

Labour is used to create wealth, does it make it wealth?
People use palm fruits to make soap, does it mean palm fruit is soap itself?
If labor is wealth, how then do we classify forced labor?
Labor and wealth no doubt are related, but labor is not wealth. In most cases, labor alone can not create wealth. Labor works in conjunction with other factors of production to create wealth. Wealth can only be created if all these factors of production are applied productively and efficiently. Mere having that human mental or physical effort is not enough, if that alone was enough, we wouldn't be having lots of poor people on the streets.

Agreed. Labor is not wealth for the laborer, if it was, uneducated people who work so hard for small daily wages would be rich in no time because an average laborer works way harder than a person sitting in an office but the amount of money they both make has a huge difference. Labor is wealth for those who are getting it used for their benefits. Take the example of a factory where thousands of people work, make products, do packing and everything, even if most things are done through machines these days, there are still human workers in there managing everything. What do they get? An average monthly salary. Who earns most of the money being made by the products made in that factory? The owner of the company, of course.

So in the true sense, labor is used to create wealth but the laborer can barely use it for themselves because they don't have the necessary resources that they can use to make the most of their labor, so they are compelled to sell it to others to earn whatever they can. What's unfortunate is labor is very cheap anywhere in the world despite the hard work a laborer puts in it.

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.

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