There are two main ways humans can generate income: sales power and volatility. Added value is continuously created through production, which involves actions to generate this added value. By adding new layers of value to basic ones, additional value is created—for example, making bread from wheat flour. The ability to persuade someone to buy this added value is known as sales power. Therefore, VAT is a tax paid by the final consumer. When sales power is strong, a significant amount of added value remains, leading to wealth accumulation. The second method is volatility. We can buy and sell assets that create either fundamental or added value. The former includes items like gold or commodities, while the latter refers to companies and assets such as stocks. Volatility occurs because prices fluctuate based on the sales power of producers, creating added value, and the balance between supply and demand for assets. Warren Buffett has avoided investing in gold because it cannot generate add...
The founder of the Presbyterian Church, Jean-Calvin, gave the name “vocation (calling)” to the “labor power” people provided to the capitalist. Labor is sacred and destiny. However, in this natural world, humans are the only ones who do much work without reason beyond those necessary for survival. African lions only take a nap outside of hunting time. “The dog in my house” also plays outside except for walking and eating. Humans who work physically and mentally 24 hours a day even abuse their brains, saying they are lacking. Only when you prove yourself to others do you become yourself indeed. But the time has come for AI and robots to do the work humans value. The opportunity came to be recognized for value, not the ability, but the existence itself. In the future, “Who am I?” will lead to success rather than “What are you doing?” Then, I'm asking, “Who are you?” - Joseph’s “just my thoughts”