Topic: The Prices of Labour. (Read 712 times)

The problem with most labour workers is that they are too dependent on their salaries and wages and doesn't even like doing other jobs or making investments for the future as their reasoning is just that after service they will be granted pensions and gratuity then they can invest the money on a project. This is a very wrong idea of most labour workers because the future is uncertain and unexpected things might occur before their retirement so it is their duty to make good use of their income no matter how little it may be and learn some investment strategy that will aid them when they retire and maybe didn't receive their entitlement on time. Before getting to retirement age some of them might die along the line and since they have not completed their services,  their entitlement may not be given to their offspring so at that time when your salary is coming on regular basis is the right time to take positive decisions that will pave way for a brighter future.

The thing is lots of workers have no more choice. Even if they work double jobs, sometimes it’s not even enough.

They can’t quit one job because they might never find a new one no matter how bad it is. And we can’t blame them because life is hard as it is even more so without a job. Sometimes we just have to accept things are what they are for the mean time, but this does not mean that we give up. It just means that we have to deflect and accept that there is nothing we can do right now.

The price for labour will always be salary and wages. If you decide you want to earn only by offering your labour services,  then you should live within your salary range until you are willing to come out of your comfort zone and begin to invest or diversify so as to get good returns instead of just salaries and wages. There are still some salary earners who are rich and really living comfortable lives, but we still have many salary and wage earners who are actually living from hand to mouth with nothing to write home about. These set of labourers who are not getting good benefits for their labour should  stop deceiving themselves and begin to look both inwards and outwards for means to increase their earnings.

Here we are all these days later and OP cannot reply to posts in his own thread in which he asked forum members to contribute. This is not the first time we see newbie accounts doing this, especially when they do not receive any merits for the stories they have posted. As soon as they realise it was a wasted exercise they create other threads and focus attention (and new stories) elsewhere in the hope to get merits in order to rank up.

As for anything else regarding birds or a lullaby, three (wise) men and a Passat or mango trees: how do members contribute to fabricated stories in the OP?

Maybe because OP met or saw him for the first time and concluded the professor's fate, without doing research or trying several meetings with the professor to find out the truth.
And it happens that my friend's parents are professors at a private university, and as far as I know, their salary depends on each university and not just one university and they also have several businesses.
And what you need to know is. That my friend's parents who work as professors only look normal and don't even look like professors. And what you need to know, apart from going to teach or important things that require him to look neat, he only looks simple, only wearing shorts, a T-shirt and flip-flops when shopping or something else. And he only uses his used motorbike which I think is very old and often breaks down, but if I see him he is very happy using it and also really likes the old motorbike.
So from what I actually see, we should not judge people just because of their disguise or only seeing or meeting them once, so that there is no misunderstanding in judging that person who is actually an extraordinary person.

Yes, if you listen closely, it is difficult to draw conclusions from the story OP describes so it becomes ambiguous and gets wild answers too. But I want to answer that regarding style and salary, I think it is completely irrelevant. Every person certainly has a different standard of living depending on their mindset and environment, but that's not necessarily true either. What is certain is that everyone must first focus on their respective jobs. Signs must spend energy to measure someone's standard of living. Each job also has a standard pay, which is not determined by a person or company arbitrarily.

Well yeah, that is what it should be. This also depends on where or what country that professor is in, wages are also different by countries. The story itself isn't that detailed so we cannot really judge based on that scenario because it might be that the car has been serving that professor for some years or that car is just a rental car or not even the professors car so hard to say something one sided. For me cars really does not define who we are or the capacity of our purses it is just the matter of preferrable choices. Poor people in America have cars on them though some are not but unfortunately here in my country being poor is really different and of course not able to have cars.

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

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

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

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

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

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

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

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

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

That professor is serving a different purpose in life and that is his advocacy and beside you can’t really tell the financial status of someone on their material possession because we all have our own preference and maybe that professor is not materialistic and really love his profession. Having your own business is the key to become richer in life when it comes to increasing your financial value, workers will surely experience a hard time to become rich because they don’t have much time as they are working most of their time for others company.

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

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

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

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

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

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

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

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

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

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

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

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

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

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