Labor Day Reflection: From Overproduction to Financial Freedom

International Labor Day is approaching. This holiday originated from an important event in 1886 when American workers fought for the 8-hour workday. Every time this period arrives, some economists always propose the idea of abolishing labor laws and implementing a completely free employment system.

However, we need to recognize that economic theories and economists have their own positions. Even with careful concealment, their views will still reveal their tendencies. Certain economists often lean towards capitalists or business owners, and can be said to serve the interests of capitalists.

In fact, it is excessive overtime and overproduction that are the root causes of capitalists seeking to expand overseas markets, leading to global colonial wars from the 17th to the 19th century. Human production can be simply divided into three stages: self-sufficiency, meeting the needs of others, and production for profit. The third stage, known as "capitalist mode of production", often leads to overproduction and triggers various social problems.

In this mode, capitalists act like speculative investors chasing hot spots, blindly investing wherever they see high profits. This behavior ultimately leads to oversupply and rapid depreciation of value. Just like in the digital currency market, the most valuable assets are often strictly limited, and scarcity brings value.

The core of the capitalist mode of production lies in "for money" rather than "for people." People become tools for realizing profits, while money becomes the master of people. Workers are reduced to "tool people," having to pay for their own living expenses, solely to create more profits for their employers.

Therefore, what capitalists are most worried about is that workers "lie flat." If everyone achieves financial freedom, who will create profits for them? So, promoting the idea that everyone can enjoy "financial freedom" without working like capitalists is often an intellectual trap.

For ordinary people, how can they seek breakthroughs in this system? Perhaps the answer is to view problems from a higher perspective and avoid getting caught in the cycle of competition. In this era of overproduction and excessive issuance, holding scarce assets may be a wise choice.

During the May Day holiday, it might be a good idea to think about how to achieve true financial freedom, rather than becoming a tool for others' profits.