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 - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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