<Will stock price manipulation be labor?>

<Will stock price manipulation be labor?>

The stock manipulation of Sambutogun in July last year seems to be about to be revealed. The comrades of Deutsche Motors stock manipulation seem to have reunited this time with the highest power on their backs.

Anyway, I don't think it's bad to study economics for a while in this situation.

- Is gambling labor?

What is the result after two of you hit the go-stop all night? If there was one of you who won the money, the other would have lost it. Or did you both make money? In other words, the result is 'zero island'. It means that no value has been created. So 'gambling' is not labor. Labor is based on 'value creation'.
If so, isn't all gambling labor? That's not true. Gambling competitions such as the World Poker Game bring together gamblers from all over the world to determine the outcome with gambling. Of course, even in this game, the game money of each gambler remains unchanged before and after gambling, so the conclusion is zero sum, and it is correct that it is not labor because it does not create any value. However, the gambling game itself created 'utility' because the spectators who enjoyed watching the game felt a clear utility (the joy of viewing). As a result, prize money could be awarded to the players who participated in the game in addition to the game money, and numerous workers who organized the game were able to receive salaries and allowances. In other words, gambling contests were a means of creating value.
Tiger Woods enjoying a round for fun alone is an entertainment with only personal utility, but his play in the game is "labor" that creates enormous value that gives the utility of enjoyment to countless spectators and viewers.

- Is stock price manipulation labor (work) then? Stock price manipulator requires a lot of labor to operate stock price manipulation. It requires securing a lot of tranju, establishing an operation plan, and media play for actual stock price manipulation entails a lot of labor. The question is how does such stock price manipulation really affect the target corporate activities, but in theory, the intrinsic value of the target company has nothing to do with stock price manipulation behavior. In other words, stock price manipulation is merely an 'asset movement between shareholders', and the ant's property suffered by stock price manipulation has been transferred to the stock price manipulator's account, and nothing new value is created. If someone says that they earned about 250 billion won from the stock price increase of the three-part construction between July and August 2023, the money was neither created by the three-part construction, nor is it a value that fell by itself from the sky. However, the money of the ants who fell victim to the stock price manipulation was transferred to the stock price manipulator's group.
In other words, it may have been extremely difficult for a woman with a poor master's degree to interview the Ukrainian president's wife in favor of manipulating stock prices, and even on the day when dozens of her citizens died in a water crisis, to talk about reconstruction, but it cannot be called "labor."

Wealth should be accumulated through labor, not through fraud or collusion. Such a society can never develop.

If the whole story is revealed as soon as possible and the people can be given the exhilaration of the manipulators being punished, of course, it becomes 'utility', and the public authority that does the work is only 'labor'.