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 - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
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