jpete wrote:I take a lump of stainless steel(usually) and make a part that goes into a larger assembly which is sold around the world. Right now it's typically for the oil and gas industry. It's just a basic fact of business. There are value added and non value added costs. I'm sure this company employs armys of lawyers. Not one puts a part out the door. Wealth is only CREATED by investing labor to produce something that didn't exist before. SERVICES only move money around. Those services may be necessary but they never produce a saleable good to generate revenue.
OK, now we're getting somewhere.
First, are YOU really "creating wealth," or are you part of a team? In other words, what's your part worth without the others? Are there engineers who design the parts you make? Did they "add value" by putting blueprints in your hands?
And what are the final products worth without some proprietary protection of the designs? Do you think somebody who works on protecting the "intellectual property" which your company's designs represent from simply being copied and made someplace else, without all the engineering investment, is somehow "adding less value" than you are?
Actually, you should be as thankful for them protecting your company's posterior as you are for the cops who keep people from breaking into your house.