Actually, both capital and labour shares of output have seen a relative decline at the expense of profits. [1] What am I missing here. I thought "profit" simp

Actually, both capital and labour shares of output have seen a relative decline at the expense of profits. [1] What am I missing here. I thought "profit" simply was a shorthand for "captial's share of revenue". I tried to understand the definitions at the promarket.org link but couldn't make sense of them. I think what you are saying is that profits are being increasingly being derived by barriers to entry. That makes sense, but still those extra profits are going to be counted as captal's share of revenue.