No, the butcher didn't produce the beef. He provided a service that someone else paid him to perform. That's the difference between actually creating wealth vs adding value to a raw product. The only one actually creating anything in this case is the farmer turning grass, air and sunshine into meat through an animal he raises. I understand entirely what your point is, but you are confusing adding value to something that already exists through a service vs actually producing the commodity to start with. Without the raw material there is no value added, there is nothing. It takes someone to either grow, mine, log, fish, trap or otherwise extract that raw material before anyone can add value to it. After the raw material is obtained all the rest is people trading money for a service.
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Today's Featured Article - Harvestin Hay: The Early Years (Part 2) - by Pat Browning. The summer of 1950 was the start of a new era in farming for our family. I was thirteen, and Kathy (my oldest sister) was seven. At this age, I believed tractor farming was the only way, hot stuff -- and given a chance I probably would have used the tractor, Dad's first, a 1936 Model "A" John Deere, to go bring in the cows! And I think Dad was ready for some automation too. And so it was that we acquired a good, used J. I. Case, wire tie hay baler. In addition to a person to drive th
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