Why are you “poor”?


The so-called poor are not able to sell your time at a higher price, to buy the services you need.

The so-called rich are not only able to buy your needs for basic services but also can buy the unique services you wanted.

“The Rational Optimist” is a book about human history economic progress, this book mainly tells us that every ten-year period of humanity will encounter the so-called disaster, and the deepest thing that I learned from the book is self-sustainability is poverty.

Try to recall the development stage of today’s society and compare with our ancestors, the development of blood support is more and more detailed division of labor for everyone, more and more detailed division of labor with the prevalence of transactions make the operation efficiency of society improve, the improvement of the efficiency of social operation makes everyone’s value maximized, accompanied by the division of labor more and more detailed, this is positive loop feedback.

“The so-called poor are not able to sell your time at a higher price, to buy the services you need.” The first half of the sentence is easily focused on “not able to sell your time at a higher price” because this is the obvious cause of poverty, the second half of the sentence “not able to buy the services you need”, this sentence is the hidden factor of poverty.

The second half of the sentence is the underlying reason for the first half of the sentence, it is precisely because you do not want to spend money to buy services, do not want to save time by doing what you really are good at, think to do as much as possible, so that for your individual, your unit time utilization rate is greatly discounted, not able to sell your time at high prices.

rich and poor

source

On the other hand, looking at the second sentence, “The so-called rich are not only able to buy your needs for basic services but also can buy the unique services you wanted.” The focus of this sentence is on the second half of the sentence, “buy the unique services you wanted”, this unique service is different from the basic services mainly in the hierarchy of differences, the poor mostly can only spend money on the purchase of basic services, even some can not afford or don’t even want to buy, and unique services are cost higher than the basic services.

The rich are able to buy the unique services they want, indicating that the rewards they are paid for at the level of the specific division of labor can be traded with unique services.

From the analysis of the inscription sentence, it can be summed up as: the poor are poor because they do not spend money to buy time, use the time bought on the fields that they are good at. The rich are rich, other than the different view on wealth, the rich will also find and work hard in high-paying fields and have the ability to match the capabilities required for the module.

So what’s the inspiration to implement it on our personal level?

First of all, we should cherish the “time” as this is our effective resources, in the premise of cherishing, learn to rationally allocate the use of it, and then understand that “the development trend of social development more and more division of labor details” clear about the basis of the use of time guidelines, that is, to put our time to a single thing.

As for what it’s all about? You need to find what you’re good at, and then keep spending time investing and constantly honing your core competencies.


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