Is labour wealth? | Bitcointalksearch.org

Juse14

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Quote from: HelliumZ on September 06, 2024, 07:37:08 PM

Quote from: premier97 on July 14, 2024, 01:44:59 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.

Labor is definitely an asset and it is termed as valuable asset. The economic standard of a country mainly depends on the labor force of the country. The more advanced the labor force is in the country, the more developed the country is. Like health is a valuable asset and without good health the body is not good, just as labor power is a valuable asset for a country and because of this labor power a country is prosperous. Moreover, if the developed countries of the world are taken as idols, then you can research there and see that they are so developed and rich mainly because of the labor force.

Labor can indeed be a valuable asset for a country. however, it must be kept in mind that, unmanaged, labor can be a burden. For example, if a proper education, suitable employment opportunities, or decent working conditions are not provided impetuously by the country, then the large workforce can actually become a burden. On the other hand, countries with a smaller population but skilled and educated workforces are often more productive and advanced. Therefore, what is important is not only the quantity of labor but its quality and management.

Apart from workforce quality and management, innovation and technology are an essential factor in a country's progress. A country seeking progress must have a strong technological base. The developed countries have an advantage of making the workforce capable of being more productive because of the technology used. So even though the number of workers is not too much, their efficiency is very high. And vice versa.

Dewi Aries

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Quote from: enwi on September 06, 2024, 07:14:14 PM

Quote from: Dewi Aries on September 06, 2024, 07:09:15 PM

Maybe luck is a little involved there so that there are some people who have worked hard but did not get the results as expected, but I think when you have tried to step then at least you will get an experience that will be a lesson when for example your hard work does not achieve success. Like a group of people in your area that you have mentioned who have worked hard but are still in a low situation in life, but I think I will not conclude everything too early, remember that there is no measure of the length of time a person must go through, and that means that maybe the group of people you mentioned are those who are still in the process of achieving something big and proud, because after all hard work is one of the keys to success.

Precisely, luck is relative and it may work for or against someone depending on the aspect under consideration; however, the input, effort and hard work has a direct positive relationship with the accomplishment of goals. Even when one tries so hard and gets no results he or she gets other things like experience from the efforts put in. Perhaps it could turn into a learning experience which steering changes for the better next time within the strategies and the approaches being used. In many situations, consistency and perseverance are the main factors which may define success, even if there may be years of waiting for the outcome.

One must also note that everyone has our own success story and the period to success differs from one individual to another. While looking at the group of people you named, they may not necessarily get the results they expected, this means that their efforts were not wasted. This process could be a step forward to the achievement process. Sometimes success is not easy and that brings in a very important factor which is tenacity in the face of challenge.

I think everything you said is true, and it can also be a reason why some people succeed and some people end up in the middle of the journey, and actually success is something that can be achieved by everyone, but the problem is not everyone really wants to work hard and not everyone who works hard can continue to be patient in going through the process until they achieve the desired success.

This does not mean that success is only for some people, but success is for people who never give up in working hard and also have extraordinary consistency, perseverance and patience. And also actually failure is not the end of everything, because I often hear people who succeed in achieving their success by first experiencing failure, I think we can use one of the public figures, namely Jack Ma, as an example where he experienced hundreds of failures in the process of achieving his success, but he never gave up and now he has succeeded in achieving the success he hoped for to become a famous public figure because of his inspiring success story journey, so it all depends on yourself.

HelliumZ

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Quote from: premier97 on July 14, 2024, 01:44:59 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.

Labor is definitely an asset and it is termed as valuable asset. The economic standard of a country mainly depends on the labor force of the country. The more advanced the labor force is in the country, the more developed the country is. Like health is a valuable asset and without good health the body is not good, just as labor power is a valuable asset for a country and because of this labor power a country is prosperous. Moreover, if the developed countries of the world are taken as idols, then you can research there and see that they are so developed and rich mainly because of the labor force.

SamReomo

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Quote from: premier97 on July 14, 2024, 01:44:59 PM

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

That's true for most people and I believe all of the top entrepreneurs are great examples for us. They have created wealth because they have put very hard effort and that effort led them to earn wealth overtime.

There are some people who are born in rich households but even those people needed mental and physical effort to sustain the wealth that they inherit.

The ones inherited huge wealth will slowly start losing it if they don't put mental and physical effort in sustaining of that wealth.

That's why I also believe that human effort is a very important aspect of ones success in life and without effort one can't reach the levels of success he/she may wanted to reach.

STT

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I thought the definition of wealth is when you can live without labor just your capital then you are by definition wealthy. Most people work 50 years to achieve this retirement and its fairly brief due to their life span, its hard to get and stay wealthy in this way. Some are laboring still during their retirement, partly or even full time labor must continue if your retirement savings are not sufficent to pay the costs you still have.

Most of us aim to accumulate the wealth such as housing so that rent is no longer a bill to be paid. If you own your land you can do many things are a greater leisure then when required to pay so many more bills while working, commuting and paying any costs involved in working. Wealth is one thing to me, time and freedom of choice to do as you wish; so most only dream of this.

enwi

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Quote from: Dewi Aries on September 06, 2024, 07:09:15 PM

Quote from: Churchillvv on September 06, 2024, 06:30:34 PM

Quote from: premier97 on July 14, 2024, 01:44:59 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 know one could also labour so hard yet nothing to show for it. it's not just about working hard or labour it has to do with several things hence success or wealth can be created.

In my place their are set of people know for all the hard work, they can work so hard do everything but they still remain the lowest in wealth creation, in as much wealth is concern you must put lots of things in consideration to create the wealth you desire.

Maybe luck is a little involved there so that there are some people who have worked hard but did not get the results as expected, but I think when you have tried to step then at least you will get an experience that will be a lesson when for example your hard work does not achieve success. Like a group of people in your area that you have mentioned who have worked hard but are still in a low situation in life, but I think I will not conclude everything too early, remember that there is no measure of the length of time a person must go through, and that means that maybe the group of people you mentioned are those who are still in the process of achieving something big and proud, because after all hard work is one of the keys to success.

Precisely, luck is relative and it may work for or against someone depending on the aspect under consideration; however, the input, effort and hard work has a direct positive relationship with the accomplishment of goals. Even when one tries so hard and gets no results he or she gets other things like experience from the efforts put in. Perhaps it could turn into a learning experience which steering changes for the better next time within the strategies and the approaches being used. In many situations, consistency and perseverance are the main factors which may define success, even if there may be years of waiting for the outcome.

One must also note that everyone has our own success story and the period to success differs from one individual to another. While looking at the group of people you named, they may not necessarily get the results they expected, this means that their efforts were not wasted. This process could be a step forward to the achievement process. Sometimes success is not easy and that brings in a very important factor which is tenacity in the face of challenge.

Dewi Aries

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Quote from: Churchillvv on September 06, 2024, 06:30:34 PM

Quote from: premier97 on July 14, 2024, 01:44:59 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 know one could also labour so hard yet nothing to show for it. it's not just about working hard or labour it has to do with several things hence success or wealth can be created.

In my place their are set of people know for all the hard work, they can work so hard do everything but they still remain the lowest in wealth creation, in as much wealth is concern you must put lots of things in consideration to create the wealth you desire.

Maybe luck is a little involved there so that there are some people who have worked hard but did not get the results as expected, but I think when you have tried to step then at least you will get an experience that will be a lesson when for example your hard work does not achieve success. Like a group of people in your area that you have mentioned who have worked hard but are still in a low situation in life, but I think I will not conclude everything too early, remember that there is no measure of the length of time a person must go through, and that means that maybe the group of people you mentioned are those who are still in the process of achieving something big and proud, because after all hard work is one of the keys to success.

CK485

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Quote from: Xril2024 on September 04, 2024, 06:57:27 AM

The saying "hard work begets happiness" is true. But it must be mixed with intelligence. The work you want to do must be age appropriate. But it is true that among the animals donkey is very hard working but he is not the king of the forest whereas lion is the king of the forest even though he works little.

Indeed, we have to work every day, which of course must be balanced with the physical and skills that we have, in working hard it needs to be done to get the wealth that we want, in an achievement that you get, that way there will be happiness and prosperity that you get.

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Quote from: premier97 on July 14, 2024, 01:44:59 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 know one could also labour so hard yet nothing to show for it. it's not just about working hard or labour it has to do with several things hence success or wealth can be created.

In my place their are set of people know for all the hard work, they can work so hard do everything but they still remain the lowest in wealth creation, in as much wealth is concern you must put lots of things in consideration to create the wealth you desire.

Oluwa-btc

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Quote from: premier97 on July 14, 2024, 01:44:59 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.

Labour is wealth depending on the amount of your inputs towards achieving it, you can't make or create wealth when you foldyour hands and watch things but rather you create wealth when your efforts superceed everything,labour colours your effort indeed,And just like you have said labour is humanly effort towards a particular goal but this days it is mistaken or misinterpreted for something else because not everyone wishes to apply efforts in the aspect of life.

I'm saying this because we are in the modern age and back then people are being paid based on their efforts but this era now everything has changed and this is why we find alot of lazy personality in the society because they feel labouring in the aspect is a waste of time and effort so they'll rather look for a faster means which has led alot to technology.

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Quote from: tottong on September 04, 2024, 11:48:04 PM

Humans have the desire to be richer and the mindset and the way they get that wealth is the result of hard work through many processes.
Rich people have a view to employing others and they always think about how to make money through the hard work of others.
Labor will remain a tool for rich people to make money and if they do not try to think more progressively they will continue to be laborers for the rest of their lives.
People are too afraid to get out of their comfort zone so they try to enjoy their mediocre work and do not think about developing their own business potential even though it is small because they are afraid of not developing and not having another job.

While the majority cannot level up to build their own businesses, don't you think that the rich also have a hand in stiffening the success journey of their employees? Businesses require capital to start up, but most workers in established platforms still get owed of their wages. How then would such an employee resign and be liable to set out a good capital to run or build a business?

Nobody is to be called out for their inefficiency to move out of their office to begin a new working experience elsewhere, the business world is quite political, and those at the top won't step down for anybody to take over. The rich or business owners also know that if things are made easier for workers their existing company may be taken down by that of their former employee's new business.

alastantiger

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Quote from: Xril2024 on September 04, 2024, 06:57:27 AM

The saying "hard work begets happiness" is true. But it must be mixed with intelligence. The work you want to do must be age appropriate. But it is true that among the animals donkey is very hard working but he is not the king of the forest whereas lion is the king of the forest even though he works little.

Labour was wealth for those in the old generation but not for people in the AI & robots generation that can get work down very fast and get more payments than those working hard labour. House chores are now automatic and not manual with people doing it for you. You should stop thinking that hardwork is what will get you rich but you should start thinking about how you can get your work done faster to offer same service for different clients and get paid more. Hardwork bring happiness but smart work gives you freedom hence which one will you be choosing. Do you want happiness that doesn't give you any free time or you want freedom that also comes with happiness. Thinking that hard labour is what is going to make you comfortable is wrong and will only get you aging faster than others of your age that are working with tools that have been invented to make work easy.

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Considering there are so many lazy people in the world, we can say that people who are hard workers could end up making a lot more money these days. People who are willing to work 20 hours a day is not something we see that often. You may question why you should do that, and I agree there are people who just go to work come home and that's it, they are happy with that life and do not want more, which is totally fine, I would love a life like that too.

However, if you want more, if you want millions, then you wake up, go to work, finish work and come home, and work another 8 hours there, and sleep only 4-6 hours a day, and hope that you will get richer with either of those jobs. Doesn't mean you have to, like I said you can avoid that if you want, but it's clear that it would definitely make it a better situation for many of the people. I prefer to work as hard as possible, and try to learn stuff on my free time so I can be great in the future as well.

tottong

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Quote from: premier97 on July 14, 2024, 01:44:59 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.

Humans have the desire to be richer and the mindset and the way they get that wealth is the result of hard work through many processes.
Rich people have a view to employing others and they always think about how to make money through the hard work of others.
Labor will remain a tool for rich people to make money and if they do not try to think more progressively they will continue to be laborers for the rest of their lives.
People are too afraid to get out of their comfort zone so they try to enjoy their mediocre work and do not think about developing their own business potential even though it is small because they are afraid of not developing and not having another job.

batang_bitcoin

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Quote from: Xril2024 on September 04, 2024, 06:57:27 AM

The saying "hard work begets happiness" is true. But it must be mixed with intelligence.

It really does need to be mixed with some work smart so that you won't just be doing all the hard work. But hard work is an important start for everyone who wants to make wealth. Everyone that are successful now came from being a hard worker and exerted a lot of effort going to the top but in the process, they've learned how to work very smart.

Quote from: Xril2024 on September 04, 2024, 06:57:27 AM

The work you want to do must be age appropriate.

I see some child labor not just in poor areas but also in well off places. Whichever is the reason why we see these kids work for, it's painful to see them work at a young age. If this is what you mean to say.

nara1892

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This reminds me of a proverb where success can only be achieved when you are willing to step forward, even though your actions are not accompanied by any guarantee that in the end you will succeed, but let's see that people who are now successful in achieving wealth and success in their lives are those who spend more time working or doing anything that has the potential to generate profit.

This means I agree with your opinion OP that working is a source of wealth, because there will never be results if you do nothing, and as I said above that even though there is no guarantee for us to achieve success, at least we gain knowledge and lessons from the experiences we have gained which may be useful in the future.

Issa56

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Quote from: stadus on August 01, 2024, 05:40:11 PM

Labor is what makes a big company continue to improve and prosper. So for them, labor is considered wealth because without labor, their company won't reach the position they have right now. Whatever that contributes to the success and fruition of such investment or project, it will always be considered part of wealth, even labor is a big part of it.

When it comes to running a company or industry one of the things that drives the durability of that company or industry is actually labor, if not for the innovation, coming up with the idea of machine and AI operation and all this is to reduce the cost of labor because a lot of big companies now are channeling their resources in getting this heavy machinery to run their companies, and it will have effect on man labor because the moment their is no job how do they feed that is going to create a big problem but do they really care all the owners care about is incoming profits. If not that the world is not balance this people are the once making this company's with their hard work and their work is not even guaranteed because you can be sent out any moment, just that we don't have a choice a job is needed to actually sustain, if you sent out no choice than to accept it, look for another one, you can keep dwelling on what is no longer their.

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Quote from: Xril2024 on September 04, 2024, 06:57:27 AM

The saying "hard work begets happiness" is true. But it must be mixed with intelligence. The work you want to do must be age appropriate. But it is true that among the animals donkey is very hard working but he is not the king of the forest whereas lion is the king of the forest even though he works little.

More like, there should be passion in where you work but majority of people you see today work because they want to get paid, not because they want the job. How many people are really paid in real life aside from the tech guys, the medical line and engineering. The rest are just survival and where you do such, you will be working like a donkey because the passion to do it is not there, no motivation and joy for doing it aside for the paycheck you get at the end of the day.

Back in the days, labour is for survival but the Genz has modernized it to wealth and the labour are no longer doing hard work anymore. It's more of been a creative person and be able to solve real life problem. A person with a TikTok account who is creative can make huge amount of money under some minute video than amount another person can make for his entire 30 days, this is why creativity makes the world go around you.

khiholangkang

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Quote from: jaberwock on September 03, 2024, 04:09:02 PM

Quote from: TheUltraElite on September 03, 2024, 12:11:16 PM

Quote from: khiholangkang on July 31, 2024, 01:21:34 PM

Maybe that's true, that kind of thing should be considered but the thing to remember is that maybe not everyone has the same thoughts, things like this start from how he was educated in the past, I think his education at school and education by his parents when he grew up is something very fundamental in addressing the subject of hard work and hard work, it will create a character and mentality that comes from the knowledge he gets, it will change one's motivation in the journey of life.

It often comes with observation on how other people work as a person is growing up. They see how one can be diplomatic and get things done quickly and thus they understand what is smart work and how to make people work under their influence.

Education level has its importance too. Being educated and using the brain to organize a task order is a skill.

There is really no logic in being lazy, I understand that it could be genetic thing but that doesn't mean that it will be something you have to stay with that forever, you can learn to get more hard worker and you can get better at it with time. That is something that not many people understand and they just say they are lazy and get away with it.

I know a few people like that, they think they are just doing their best and nothing works when in reality I keep seeing them not working at all, and I also know people who have three jobs they go to and get rich that way, which is why it's quite important to be like that. This is why we need to get better and we need to do better, we can't compare the situation to anything else. Keep working hard, get better, and do not put any excuses.

Indeed, sometimes a person thinks that he has done his best, but unfortunately according to himself at work even though nothing has happened that can change himself for the better, just maybe feel that he is working better than what he used to do, I also often see some successful people working crazier, more active and more diligent, even playing time and resting time are few.

Work also needs consistency in achieving goals, don't just occasionally do your best but must be continuous like a stone mason, he may not be able to break the stone with one blow but with frequent blows it will make the stone crack and succeed.

Quote

get better, and do not put any excuses.

I think this sentence is for, don't have many reasons to be lazy, but it can also be used you have to have many reasons why you should be rich and successful.

mamesso

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That's right, labor is wealth. As long as you are strong or have the energy to work, you can create wealth for yourself. Energy and health greatly affect your productivity, people who do not have any skills will offer their energy to make money, but when they are sick, that is when they cannot make money. Financial management is essential to maintain the stability of wealth in the future, so create your wealth while you are still productive and after the money has accumulated in a large amount then invest the money so that you can reap the benefits when you are no longer able to work.

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