SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : View from the Center and Left
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TigerPaw who wrote (10804)2/3/2006 5:29:41 PM
From: TimF  Read Replies (1) of 541576
 

A vivid example might be: Two guys work for a fish monger. One is paid in silver, and the other gets an equivalent value in fish. The second would be at a natural disadvantage because he would have a harder time transporting and disposing of the fish. There would also be a distinct time disadvantage to his compensation.

If there is no place to sell the silver near by the guy getting the fish may have the advantage. He can eat it, or maybe sell it to the locals. But lets assume the silver is generally and advantage. Why mandate by law that someone get paid in silver? why not let someone get paid in cash, gold, fish, or tickets to a play if both they and their employer like the arrangement?

Two guys work to One guy invested and the other worked. I maintain that at some level the investment and the work are both contributions but one is compensated with a much more disadvantageous arrangement.

The investment has an ongoing risk that the cash payment for the work does not. But if the worker wants the risk and the possible reward he can put as much of his cash compensation in to stock or other investments as he wants to. If he already has enough to live, he can put 100% of his wages in to stock and face a situation just like an investor who made a similar sized investment.

Tim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News