| A cyclical misunderstanding of money? (A question/rant?) |
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oldguy
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quote:
Having money doesn't make one successful...
Actually, in most cases having money means that you are successful. Most millionaires are self-made. The urban legends go on & on about the big inheritances, 'mob' money from the underground, Bernie's ponzi scheme, etc. But it turns out that about 80% of millionaires are successful people who earned their money.
OTOH, the old saying - money can't buy happiness may be true. But you can certainly have both, wealth AND happiness. 
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Mon Jun 13, 2011 1:01 pm |
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coaster
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I think the key is to have enough money to meet all your needs but only some of your wants. Having enough to meet your needs means no concerns about your basic survival, but not having enough to satisfy all your desires means a certain amount of self-control and wisdom is necessary to allotting what you do have; you don't descend into either self-indulgence or into making the money itself the end instead of just the means.
In other words, to tie into oldguy's last statement above; the money can't make you happy, but happiness is easier if you have enough of it.
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Mon Jun 13, 2011 3:53 pm |
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oldguy
Senior Member
Cash: $ 309.30
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Location: arizona
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quote:
Here's one seeming paradox of the current economic slump: Companies, by and large, are doing pretty well. But they're still not hiring workers
It isn't a paradox at all - the available workers are not useful to companies - so there is no point in hiring them. Think back 30 to 50 yrs - our companies had huge shops full of skilled machinists cranking out complex products. Do you even know a skilled machinist today? - I don't. Our HS grads are willing and want jobs - you could hand them shovels (shovel ready?) and they could dig a ditch from here to Utah. You could ask them to move this stack of boxes and stack it over there - and they could. Unfortunately, we don't NEED a ditch to Utah - or a stack of boxes moved. We need HS grads who can work on production lines making wafers, work in clean rooms making microchips, assemble and test cell phones, take data and do math, report the test results, etc. Our US education system simply fails to match the needs of world business - and the education systems of many other nations does a fine job. So Business has to go off-shore to find workers.
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Wed Jun 15, 2011 5:30 pm |
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LottomagicZ4941
Senior Member
Cash: $ 7.91
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Joined: 02 Dec 2004
Location: Earth
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quote:
Originally posted by oldguy
quote:
Here's one seeming paradox of the current economic slump: Companies, by and large, are doing pretty well. But they're still not hiring workers
It isn't a paradox at all - the available workers are not useful to companies - so there is no point in hiring them. Think back 30 to 50 yrs - our companies had huge shops full of skilled machinists cranking out complex products. Do you even know a skilled machinist today? - I don't. Our HS grads are willing and want jobs - you could hand them shovels (shovel ready?) and they could dig a ditch from here to Utah. You could ask them to move this stack of boxes and stack it over there - and they could. Unfortunately, we don't NEED a ditch to Utah - or a stack of boxes moved. We need HS grads who can work on production lines making wafers, work in clean rooms making microchips, assemble and test cell phones, take data and do math, report the test results, etc. Our US education system simply fails to match the needs of world business - and the education systems of many other nations does a fine job. So Business has to go off-shore to find workers.
Business that go off shore should be boycotted. If we had tried the first people to send jobs over seas as traitors then we wouldn't be in such a mess. Protectionism could be good if implemented right. We educate all who want an education here. Yes many are to lazy to take advantage off all the opportunity America has to offer.
Perhaps the song of the day would have been Dog Eat Dog if I had found this thread earlier. But Lifeline by Uriah Heep also applies.
I'm part of the problem eating at McDs instead of maw paws.
My econ professor would talk about dollar votes. Every time you spend a dollar you are voting. And many of us vote inappropriately.
When we buy cheap we often pay a high price.
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Thu Jun 16, 2011 3:23 am |
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Volume
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Joined: 07 Feb 2011
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Hi Doogin Smutz. Well, can you describe your vision of a world with no money? How will people acquire goods? By exchanging the goods between them?
Human society passed through many steps of evolution and modernization. Money is something people created for their own benefit, a standardized way form of payment. That is the point of money I guess.
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Thu Jun 16, 2011 9:58 am |
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