Socien's Blog

The salary system is easily a sophisticated debt system. This is how it is such:

1. You sign a contract in which you repay what you owe (work) before you are paid (a salary/wage) at the end of the month/fortnight/week/contract.
2. You owe the employer in that he gets a lion’s share of the value your work creates.
3. You therefore are easily a valuable asset to your employer. The day you turn into a liability, you are retrenched.
4. As an asset, your employer seeks to service you to perform better and better. He gives you benefits and makes you feel honoured instead of trapped.
5. You keep on putting in more quality work and thus like a performing loan you turn profitable to your employer.
6. You mature like a wine. The more you keep repeating routines at your workplace, the more you gain experience. Adam Smith called for specialisation. The result was a factory system that makes you efficient but a worker who has nothing but a tiny segment of the skill like morticing joints of a chair as opposed to the greater carpentry and joinery.
7. In case you get retrenched as a carpenter at a chair factory, you might find that you lack in many respects than colleagues in the same trade who chose to do the trade as a gig thing.

This is how profitable you are to your employer in the salary debt system. You start to repay the interest which would then become profits to your employer before your employer pays you what you have been toiling to repay. This makes you a profitable zero-risk asset to him. You report for duty every day, and he keeps you in check before he pays you at the end of the month. So before he pays you, he knows whether to fire you or keep you.

There is no person in debt like an employee. His alternatives are exhausted and he thinks that problem is not the salary system but the particular jobs he is on. Through Trade Unions he tries to bargain. When bargaining fails to work, he thinks another better job is a solution.

Any system should make you feel welcome for you to love it. Ince you love it you have given it life. The salary system gets you to love it by simply inhibiting you from separating who you are from what you do for a living. You find a job so that you can get a salary and, therefore, earn a living. But that job and the salary is not who you are. It lacks any hint of your sense of purpose.

Jobs with a salary that will make you feel comfortable are designed not to give you an absolute break from work; the break is always partial. What you get at the end of the workday is not rest but paperwork to deal with at home. This partiality in a break from work makes it impossible for you to try and divert your focus on anything that will generate income. It’s rare to get rich by simply having a good salary. You will get rich when you keep doubling your income.