What is my value? I ask myself. From an economic point of view, I sell my labour, my intellectual labour.

What are the factors that decide the value of my labour? Ahead of everything else, I would say it is education, which is ahead of everything, which cultivates my abilities in every aspect: language, communication, reasoning, systematic thinking. The very ability of communicating in this language, English, is a product of education. This ability adds to my value, undoubtedly. It opens a road to sell my labour to people speaking the language. But what is the ultimate value of my intellectual labour? Why the costs of labour are so different from country to country? I would say that because GDP per head differs greatly from country to country, the costs of labour are disparate. But with the globalization, the world is like being connected by little tunnels of water, thereby leveling more even the costs of labour around the globe. The only thing that US people, or French people could argue against the case of their excessive labour costs in comparaison to Chinese or Indian labour is that French or Americans are more proficient in the language and culture and that  the proficiency facilitates the understanding of specification. The point is:         V=f(E)   where  V: Value; E: Education.

Education is a ladder towards progress in individual life and social life. Education is the gateway to business expertise, managerial experience and international exposure, but also plays an important role in cultivating intelligence and disemminating knowledge. Without education, people just doesn’t have any chance to act in the corporate stage. Education could also be viewed as an entry barrier that is created by people in the high walks of life to prevent the huge influx of labour if not for the education. Education is like quick downloading the principal knowledge of 10000 years of human history, thereby making sensible decisions in today’s world. It is the education that promotes innovation– we are simply much better off than our predessessors because we know much more! Sometimes it could also create the stereotypes in our paradigm, which renders revolution difficult. But overall education has greatly promoted innovation in the 20th century.