Assignment Question:
For the average worker, does
higher productivity result in higher wages? Clearly, higher wages means a
higher standard of living. Is there a relationship between GDP and the
average earnings of workers? Discuss the advantages and disadvantages of teleworking for employees.
[thread]
Productivity creates wages, wages create jobs, mandating jobs for the
single goal of production do not create wages. Growing production lowers
the value commodities, which serves the purpose of progress for social
enterprises, but offers levels of artificial subsidized activity, often
known as an industrial complex. A system of market commodity values that
balance in direct conjunction with wages duly of productivity, commonly
referred to as capitalism, is what survives.
Wages increase
with the advent of profit from market activity in this regard, not from
mere productivity despite the privatized outliers. In which private
property, for instance private-sector corporate ownership, is the only
effectively true form of worker-owned institutions, by means of their
production leverage. This in regards to GDP only holds leverage while
consumers (and likewise workers) are allowed to have capitalism,
balanced by business being able to set the price (fairly in regards to
anti-trust laws), balanced by absence of both subsidy and over-taxation
of any income level ultimately leading to currency inflation, which
further creates wage detriment.
Teleworking
is flexible and limiting. Distances closed by teleworking increase
efficiency and thus the related activities, but is different to open
human interaction, which by any aspect is communication that is
susceptible to losses in translation opposed to physical work
environments, and the aptitude available of teleworking when responses
to activities either cannot be done or are impeded by static
limitations.
[/thread]