Career & Education
3 Things We Work For
By Dr Wealth  •  January 28, 2015
Our concept of work is to be employed by an organisation. This history of work is quite a recent invention; it happened during the Industrialisation Period where it was made famous by Henry Ford, who must have read The Wealth of Nations and have mastered Adam Smith’s concept of division of labor. Henry Ford built a never-be-seen assembly line split into 84 steps to make the Ford Model T. Workers are trained to specialise in one step. They do that and nothing else. They became very proficient and the assembly of the entire car was achieved at the shortest time possible. Fast forward to today, such assembly lines still exist, but with robots replacing most of the manual labour. Education level has risen and more workers prefer to work at service industries. Unfortunately, the workers cannot escape the Adam Smith’s clutches; organisations are structured in departments and hierarchy, each specialising in ......
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By Dr Wealth
Dr Wealth provides trusted financial education to individuals. We teach researched and actionable investment methods so that our graduates are successful in their investment journey and achieve market-beating returns.
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