Post
Topic
Board Economics
Re: You Can’t Earn Beyond Your Level of Understanding
by
Ultegra134
on 30/08/2024, 05:44:31 UTC
This is true in capitalist countries, businesses exist to provide products and services that people will yearn to have and use, in the end, people are working for what they want and not what their basic needs.

People after acquiring a new phone model are looking for the next model to acquire, take the case of the iPhone it has become the status symbol of people living in capitalist countries.

They are out of focus on what they need to sustain their basic needs so they remain slaves to the working environment they are used to, instead of setting up their business to have financial freedom.

This is unfortunately true in the capitalistic system we're currently living in. We're constantly being presented with new goods and services that we "need," portraying them as a must-have, nudging us to purchase more and more stuff we ultimately don't need. It creates a vicious cycle of unsatisfaction and excessive spending, as these items satisfy us for a brief amount of time, which then leads us to purchase newer stuff to saturate our appetite.

Thinking getting rich with luck, connection, or working harder is easy but the action will not be easy as you need to use all of your ability to earn more and more money. Investment is another ways to make money but you must know everything before you decide to pick one or two type of the investment.
Not many users have highlighted the importance of connections so far. I've had acquaintances and friends from university who were completely incapable of unzipping a winrar file, however, they managed to land decent jobs due to their connections, something which seems and is unfair if you're busting your ass off to find a proper workplace.