Feb 11, 2014

Wages & Traditions

       When did we change curency from the amount time involved to make purchases (like Biblical writings would describe) to the amount of money for each purchase?  It seems so much more poinent to speak of the time and labor involved in what it takes to scratch out a living than some abirtry number of commerce dictated by forces outside of our control.  We do have the choice to take jobs that are offered to us, or not to take them.  We can argue wages.  But in the end the range of wages for the common person aren't that extreme in their ranges.
         To claim that this product took 4 years of wages to gain ownership of means so much more than to say it cost $60,000 when one takes the time to think of what four years of labor really involves.  Do we do this because we live in a capitalist society? (Where dollars determine every move the individual makes.)
          Do those in other countries describe their purchasing piower in monetary numbers, or do they use the length of time they labored?  I'd love to find out.

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