abandonconflict
Well-Known Member
Next time someone says that they got rich through hard work, ask them whose.
Honk if you love jesusNext time someone says that they got rich through hard work, ask them whose.
Wealth is compensation for risk. People who are working on a factory line are taking on no risk--they just show up and get paid a market rate for their time. The person who built the plant by mortgaging his property who is also tasked with selling the product to cover all of the expenses takes on all the risk. If the product fails, the workers still have all of their pay, losing nothing; the owner loses everything he invested in the venture.Next time someone says that they got rich through hard work, ask them whose.
The other aspect of wealth is that people are paid for their level of competence and skill. Someone working on a factory line can be trained in minutes or days. Someone such as a pro athlete or actor/acress or CEO is a person that has shown exceptional skill to get where they are and are compensated appropriately to the amount of income they bring in.Wealth is compensation for risk. People who are working on a factory line are taking on no risk--they just show up and get paid a market rate for their time. The person who built the plant by mortgaging his property who is also tasked with selling the product to cover all of the expenses takes on all the risk. If the product fails, the workers still have all of their pay, losing nothing; the owner loses everything he invested in the venture.
Anyone can be an owner but it's quite difficult and success is actually quite unlikely, so most people choose to work for pay instead. People who avoid risk don't deserve to be compensated for it.
Yea, pro-athletes are DEFINATELY compensated appropriately (sarcasm) ... 120 million per year for playing a game? No, that's not ridiculous. --- What risks are they taking? Pulled groin, sprained wrists? --- While the standard pay for a "regular military grunt" that risks being shot in the chest, being blown up by IEDs, etc. is still only what again? Close to minimum wage, right?The other aspect of wealth is that people are paid for their level of competence and skill. Someone working on a factory line can be trained in minutes or days. Someone such as a pro athlete or actor/acress or CEO is a person that has shown exceptional skill to get where they are and are compensated appropriately to the amount of income they bring in.
That it's a game doesn't mean it isn't valuable. People pay billions of dollars to watch the games. If you want to indict anyone for that situation, it should be the people paying.Yea, pro-athletes are DEFINATELY compensated appropriately (sarcasm) ... 120 million per year for playing a game? No, that's not ridiculous. --- What risks are they taking? Pulled groin, sprained wrists? --- While the standard pay for a "regular military grunt" that risks being shot in the chest, being blown up by IEDs, etc. is still only what again? Close to minimum wage, right?
You don't think it's a little stupid to pay our professional athletes more than the soldiers who defend our country? They (soldiers) take all the risk, just to come home and be shit on.Wealth is compensation for risk. People who avoid risk don't deserve to be compensated for it.
No. That would be money.Wealth is compensation
Money is wealth.No. That would be money.
No. Money is fiat.Money is wealth.
Yes, it is. That doesn't alter the fact that it represents real value.No. Money is fiat.
Actually that is what it alters. That it represents real value therefore is not a fact, but a belief.Yes, it is. That doesn't alter the fact that it represents real value.
Value is denominated and traded in dollars. Dollars can be traded for real assets.Actually that is what it alters. That it represents real value therefore is not a fact, but a belief.
Spoken as if a dime of yours goes to any players pocket, quit watching sports, their pay will decrease.You don't think it's a little stupid to pay our professional athletes more than the soldiers who defend our country? They (soldiers) take all the risk, just to come home and be shit on.
No. Money is fiat.
Yes, it is. That doesn't alter the fact that it represents real value.
Correct.Money is wealth.
Value is denominated and traded in dollars. Dollars can be traded for real assets.
Hey, professor - If I put it to you that, "We should spend those dollars to help get troops better pay, and rehab/work when they come back from duty."Wealth is compensation for risk. People who avoid risk don't deserve to be compensated for it.
You're totally missing the point. Why does Tim Tebow deserve more pay than someone who pulled 3 wounded soldiers from a firefight, while being shot at? Or, ANY soldier for that matter? Because he looks good in spandex on TV?The Beauty of our Military is that it is voluntary....just like the NFL.
Hey, professor - If I put it to you that, "We should spend those dollars to help get troops better pay, and rehab/work when they come back from duty."
What would your response be? --- Sorry, professional athletes and CEO's deserve more pay than the one's out there risking their lives?
They lay their lives on the line so you can have the freedom to sit in your mom's basement, enveloped in your little confused hateful world, and comfortably talk shit about how smart you are behind a computer screen.
You're an inspiration to us all.