There seems to be wrong notions about wages, prices, investment, development and related issues among the people,political parties, intelligentsia etc.
Some of the wrong/irrational notions are:
i. that if profit is substantial companies’ management can enhance the salaries of top executives exorbitantly rather than think of reducing the prices of products/services in the coming years.( The government should consider imposing a limit on salaries/perquisites of top executives as in the past)
ii. that if there is profit, the companies should share it with employees by giving bonus to them rather than reduce the prices in the coming years or invest the money to produce and employ more
iii.that there should be universal which means additional employment but there should not be inflation
iv.that procurement prices of cereals,milk, eggs etc.should be increased but consumer prices should remain unchanged.
v.that wages of agricultural labourers should keep increasing but prices of vegetables and fruits should not go up
vi.that workers should not be asked to improve productivity but prices of manufactured goods should come down
vii.that wages of workers,drivers,cleaners, engineers,mechanics, office staff etc. should be increased periodically but the train and bus fares, electricity charges,cleaning charges, etc should not be increased
viii.that charges for any service should not be increased but the quality of service should be enhanced.
ix. that people should have more entertainment, comforts, luxuries etc. but need not put in additional labour.
(People do not think that while money not spent on any occasion can be saved and spent on other occasions but physical strength can not be saved for using on some other occasion. It is therefore necessary that one should work as long as possible when the opportunity comes.)
religious,social leaders,writers etc. talk of virtues of people with money giving charity to poor people,but nobody talks of people who are physically strong and healthy, helping physically weak people.
people talk of short duration of prosperity but they do not talk of shorter duration of physical strength.
money not spent can be invested for development, for creating jobs etc. while physical strength not used, for doing work cannot be put to any other use.