Re: What do workers compete for?

On Tue, 11 May 2004 21:24:02 -0400, "Mark Monson" <m_monson@[EMAIL PROTECTED]
>
wrote:

>"Matt Timmermans" <mt0000@[EMAIL PROTECTED]
> wrote in message
>news:OYYlc.26361$3Q4.668510@[EMAIL PROTECTED]
>> At first glance, the return to labour seems straightforward:  a skilled
>> person who wants to work can join himself to the required land and
capital,
>> work hard to create value, and demand a significant ****tion of that
value in
>> return.
>
>First, nobody want to work.   

Speak for yourself, sonny.

>Second, what does skilled have to do with it?  

Skill is the capital for the person who sells his skills.  They have
invested time and money acquiring these skills, which they may then
sell.

>And how
>does somebody join himself to the required land and capital?  Capital can
be
>produced, land can't.

If land were a limiting factor, as I suspect it is in Japan, for
example, this would be im****tant.

[deleted]

Regards, Harold
 ----
"When you hear someone say that he doesn't trust the market, and 
wants to replace it with government edicts, he's really calling 
for a switch from a democratic process to a totalitarian one...
Tyrants always condemn and seek to replace the market process with 
government coercion because tyrants do not trust that people 
behaving voluntarily will do what the tyrants think they should do."
     ----- Walter Williams, July 2002