A Full Time Job Is Not The Free Market

Hey Jeespreneurs

I often have debates or rather let me say arguments with friends and family about capitalism ideals. In South Africa, we're a more socialist-leaning state and a blatant corporate socialist state at that. While established corporate South Africa runs on old money that was funnelled through the previous government and obfuscated by the rule of apartheid, the new regime does this through the tender process.

A once lauded approach for its economic empowerment opportunity but has become a bastardized medium of wealth redistribution and a trickle-up system if ever there was one. The state is still very much the largest employer of people and well they do not and never have run a tight ship.

When we look at western economies like the US capital is moved around by two entities, Wall Street and the Government/Federal Reserve. These two are in cahoots and created a system that trips as much wealth from the people as possible. This was done in the past through owning companies and stripping them of their assets and leveraging them with debt, manufacturing and mining in particular.

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However, In recent years they've found a new vessel the tech companies of silicon valley which is why you've seen these unicorns popping up and billion-dollar valuations on so many companies that aren't even turning a profit, if EVER.

I'm not talking about reinvesting at growth, but growth needs to be achieved to recoup what is already invested, its time vs capital race and if it doesn't hit projections it ends in a major bust, this is the Silicon Valley model.

The job market is a propaganda machine

So why do I bring this up? What has it got to do with the job market? Well, what these economic models do is encourage business practices that create less value over time but charge more for the value they provide.

It's about creating monopolies and oligopolies where they dictate pricing once consumers have been hooked and all competitors have been absorbed or run out of business. That makes it easier to keep tripping wealth through price hikes and driving the trickle-up economy.

When we go to sell our labour to these companies we are guaranteed a certain amount of money for our time and skills and we call this a salary. A salary is the biggest propaganda machine the corporate socialist economy has produced and what keeps this circus running. A salary is used to keep people blinded to their real value and selling themselves out on the cheap.

While they see a steady income, it is then stripped away at it each month with bills and other consumer wants and needs and new ones are created every year to keep you distracted and chasing the carrot.

Salary = Slavery

The salary is modern-day slavery and used to confuse the individual. They think they are now worth a certain amount of money per month and won't settle for less, only more. Many of the world's degree requiring jobs are what we can call "Bullshit Jobs". They don't add any value to the economy and is just you coming to work to dig a hole one day and fill in the next until you retire while you fund tax needs of the government and hedge fund greed.

Keeping people within the job market is in their best interests. So they make it seem like oh it's your right, bring jobs back, we need jobs and everyone is so focused on being a commodity, instead of a contributor.

What most people who are within the working world don't understand is that this isn't free-market but an artificial market. They set the price, they focus the labour into one path and they benefit from the entire process, your choices are all illusions.

A real free market

A truly free market is one that is decentralised, where people go out and acquire skills and sell it to the market demand for time. A world of freelancers, bartering, traders and artisans. Selling what you can do or what you can make to generate an income and only earning form the value you create for another person.

This is done through small business and entrepreneurship, the competition keeps you honest and keeps prices from inflating and the demand sets the market price. This would then see labour migrate into places it is needed and develop a natural equilibrium over time that is self-sustaining.

The true free market lies in individuals servicing one another locally and allowing peer to peer wealth transfer. This will see a trickle-down economy and money moving into the hands of those who want to use it to create even more value.

This concept seems idealistic and utopian but I think its something worth fighting for, in a world where our perceptions are pretty much all warped through the misinformation we receive and positive reinforcement of it by those who fail to see through the facade.

The system is broken, but you will see people fight to protect it because they are too scared and it's unfathomable to actually live in a meritocracy.