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“Work is the act of making yourself useful by creating value for a specific group of people. In exchange for our work, we each get paid money which allows us to purchase the work of other people. Work creates a virtuous cycle of value creation, value consumption and value growth. Therefore, work is economically greater than charity. Because whereas charity is economically one sided, work has a multiplicative value effect. In a sense, the greatest form of charity is the creation of employment for others.” — Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth
Work is the act of making yourself useful by creating value for a specific group of people. In exchange for our work, we each get paid money which allows us to purchase the work of other people. Work creates a virtuous cycle of value creation, value consumption and value growth. Therefore, work is economically greater than charity. Because whereas charity is economically one sided, work has a multiplicative value effect. In a sense, the greatest form of charity is the creation of employment for others.