by joeshmoe » Wed Aug 17, 2005 10:49 pm
how do we work out in a practical way what is pay justice?---------we go back to basics::::: what is money for? ----a long time ago we got into specialising in our work, for the benefits of specialising in work ----one grows tomatoes, one shoes horses, etc ----that is why we needed to exchange, so everyone gets a bit of everyone's specialisation----this gives us our principle: the first, the prime function of money is to give measure to different works, so that the mixing of special works can happen--------money is supposed to stand for the amount of work i do............to stand for what i sacrifice in working at my speciality so i can get an equal amount of what everyone else sacrifices working at their speciality.......what i sacrifice is mostly time ----if i grow tomatoes all day or cut hair [mostly for others] , i have to get enough to buy the things i wd do myself if i wasnt specialising---i sacrifice some energy, as u see, but the cost of replacing that energy is so small, we can ignore it - a spoonful of glucose -----especially as everyone uses energy in their work ----the cost of calories is small-----what i do lose and cant replace easily is time..............so.......the main factor in pay justice is time spent........we are going to assume that people can get fired if they slack off too much, so noone is slacking much.--------and it is clear noone can work much harder than the average per unit of time-----maybe no more than 10% harder than the average---imagine yrself doing any job and working average hard---how much harder than that can u work? only a little bit;;;;;;;;;;so time is the main thing lost that has to be replaced by money that can be traded for other peoples time working[[[[[[[[[[[[[[[[[[[people think that people are paid for other things, like responsibility, merit, talent, business risk, skill,,,,,but they cant be, because there is no measure of these things;;;;;;;;;; and they shouldnt be, because what counts is the time u spend -----everyone should be compensated so they end up with as much goods and services as they wd end up with if they did a bit of everything themselves, multiplied by a factor to share equally in the efficiency-benefit of specialisation;;;;;;;BUT THERE IS AN IMP IN MONEY THAT INTERFERES WITH THIS RIGHTEOUS DISTRIBUTION--everyone's work produces about US$10 of work per hr----but 90% of people get less than $1 an hr-----90% of workers, including housewives and students, get between $1 and 1c per hr------1c per hr!!!!!!!!!!!!--------they wd be much better off in a society where everyone did their own work and there was no specialisation -----then they wd get from their hr's work goods and services worth about $10 [divided by the factor for the efficiency of workspecialisation] -------the IMP IN EXCHANGE [which no economist has seen, simple tho it is] causes money to drift, like sand along a beach, and some [fewer and fewer] get richer and richer and others [more and more people] poorer and poorer---------till the injustice becomes obvious, then there comes disturbance, escalating to nuclear winter [in 20 years, plus or minus 20 years]"""""""""""""" the imp in trading:::::::::::noone knows exactly what anything is worth, ie, how much work is in the goods produced by work---------approximately, but not exactly,,,so,,,,,,,every transaction contains a little shift of equity [=work, wealth] from one person to the other equal to the actual [unknown] difference in the value [work] of the two things-----this perhaps tiny difference, multiplied thru billions of transaction every day for years, is what shifts wealth from earners to nonearners-----many will profit from a few more transactions than they lose from, many will lose from more than they gain from, a few will lose in most transactions, a few will gain from most transactions,;;;;;;;; then money accumulated will become a lever, money will start making money,;;;;;;;;; money is power, so a few will have more power to extract more money, and so, plundering, manipulation of the law, etc, etc-----so, after 1000s of years of this, we have 100hr's work pay from $1 to $1bn-----and the expected extreme disturbance, spoiling life for all, ---------for the overpaid as much as the underpaid, because the more a country or individual has, the more they are under attacks of all sorts, and the more they hav to spend on defence and the quicker they become poor and weak [eg, roman empire, spain in the 16th c, holland in the 17th c, britain in the 19thc, and america in the 20th c -------and japan in the 21st c]----------consider:::::::::the av person works 50 hrs a week;;;;;noone can work more than 100 hrs a week, so noone contributes more than twice the av to the social pool of wealth by their work----------and yet, in our terribly dangerous blindness, we are paying one person a million times the av, and actually thinking of them as shining lights --- the person being paid 10 million an hr can buy a million hrs work in return for his one hr --------in the form of a 10 million house or 10 million kilograms of rice---------but we are looking at wealth the wrong way, so we think that rich people magic their wealth, that they MAKE 'their' wealth, but they rake their wealth-------all 'their' money comes over the counter from people's pockets--------there are many ways permitted in our foolish society that shift money from earners to nonearners--------eg, what henry george saw and explained very well, and people did nothing about, that a person can buy a bit of land, other people can make that land valuable by building a city around it, and that owner can get huge rents for that land, which they have done nothing for except purchase, which others have done everything to make it valuable--------that is just a robbery from the community [and robs the community of peace too] and yet not enough people can see this to get laws passed to rectify a gross injustice'''''''''''''''the poorer people get, the more they cling to any way by which they can escape poverty, so they dont legislate against such methods of getting rich, because they hope to be of the few who profit by it, whereas noone profits from it now thanks to the bomb and nuclear winter [a triple ice age];;;;;;;;;;;;;;;in that way, they keep the cause of evergrowing inequity and life becomes ever more sick, sad and cruel..............it is not logical that people should be paid for talent, say, celloplaying or whatever--------for practicing, they should be paid, [if they are good enough that people want to pay to hear them] but for the talent, no, because in logic, the talent is a gift of nature----why wd we pay for people being given a gift of nature, we dont pay people for receiving christmas presents----------but everyone accepts paying for talent, and noone understands that that makes the untalented poorer, it is a tax on the untalented----why should the untalented pay for lack of a gift of nature......but everyone thinks, ah, but perhaps i will have a talent, then i will want to be paid for it, noone thinks, why should i be paid for having been given a gift by nature--------if anyone shd get paid for the talent it shd be mother nature----------we are the slaves of money, not the masters, we do not consider it in a cool spirit, see its effects <p></p><i></i>