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The benefit of productive assets is that people who otherwise would not be able to produce high value outputs are stuck making lower value ones. By working wit
by maerF0x0 9y ago
The benefit of productive assets is that people who otherwise would not be able to produce high value outputs are stuck making lower value ones. By working with another's assets an individual can create more value than alone, and somehow split the difference with the asset owner. Workers maybe need to start to fight for a better split, but that is beyond the scope of this article.
- obstinate 9y agoYes, yes. Or governments can enforce a more equitable split through taxes. But you still have to give some benefit to those who save, else there will be no reason to do aught but consume all one produces.