In today’s economic landscape, it’s not uncommon to see modern professions like trading earning significantly more than traditional hard jobs. This phenomenon raises questions about the value society places on different types of work and the factors driving these disparities.
The Shift from Production to Perception
Historically, those involved in the direct production of goods—such as farmers, blacksmiths, and craftsmen—were the backbone of society. These professions produced tangible goods essential for daily life. However, in the modern world, jobs that seem further removed from the direct production line often come with higher financial rewards and are perceived to be less physically demanding.
Take, for example, the comparison between market owners and farmers. Farmers engage in the physically demanding work of growing and harvesting crops, yet market owners who sell these products often earn more. This pattern extends to other professions too. Throughout history, trades that produced less immediately essential items, like weapons made by smiths, often commanded more wealth and influence than those producing basic necessities like food.
The Role of Sales and Marketing
In today’s economy, the value of sales and marketing cannot be overstated. Agencies that sell digital products frequently make more money than the authors of those products. This highlights the immense value placed on the ability to find and connect with customers. Sales is considered one of the most valuable segments of any company because it directly drives revenue and growth.
Historical Examples of Wealthy Traders
This trend is not new. Many influential figures in history were traders before they rose to prominence. Joseph Kennedy, the father of U.S. President John F. Kennedy, was a whisky trader. The Prophet Muhammad was a trader before becoming a religious leader. Miloš Obrenović, the patriarch of the Serbian Obrenović dynasty, and the Petrovic dynasty from Montenegro, also had roots in trading.
Creativity and Strategic Thinking
One reason why professions further from the production line tend to be more lucrative is the opportunity for strategic planning, creativity, and innovation. These roles often involve complex problem-solving and long-term planning, which can drive significant advancements and profits. In contrast, traditional hard jobs, while essential, often involve repetitive tasks with less scope for such strategic thinking.
The Fiat Currency Monetary Order
The nature of modern currency also plays a role. Today’s fiat currency is a virtual commodity with no intrinsic value like gold. It can’t be consumed or used to build shelter, making it prone to accumulation in professions that deal with virtual or less tangible products. If we still used gold as currency, the real sector might be more favored, as gold has practical uses beyond its monetary value.
The Impact of Modern Economics
If our economy were based on bartering tangible goods—exchanging cheese for meat or grain for meat—the value placed on traditional hard jobs would likely be higher. However, in a world driven by digital transactions and virtual commodities, modern professions that can leverage these elements naturally earn more.
Conclusion
This situation may seem counterintuitive and even frustrating to many. Professions that appear to create less tangible value often earn more than “real work” jobs. However, modern professions require a different set of skills, significant effort, and adaptability. They involve learning new skills, navigating uncertainties, and constant improvisation. Understanding these dynamics helps explain why the economic landscape is structured the way it is, even if it doesn’t always seem fair.
