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This is incorrect. In order for the asset owner to gain from an increase in productivity they to interact with customers, workers and suppliers who in turn inte
by spikels 11y ago
This is incorrect. In order for the asset owner to gain from an increase in productivity they to interact with customers, workers and suppliers who in turn interact with others. This ends up sharing much if not most or even all of the gain with others. You are correct that many factors will determine how the gain gets allocated but only in exceptional circumstances does the owner keep all the gain.
https://www.boundless.com/economics/textbooks/boundless-economics-textbook/economic-growth-20/productivity-98/the-importance-of-productivity-368-12465/ https://www.boundless.com/economics/textbooks/boundless-econ...