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Largely. The other source of value is nature, hence all of the environmental degradation we see.
by lucian1900 6y ago
Largely. The other source of value is nature, hence all of the environmental degradation we see.
- parineum 6y agoWhat about the place of work, equipment and resources provided to do their work?
- lucian1900 6y agoThat is capital that owners had to pay for in full, so there’s no creation of value happening. The owners obtained this capital from the profits extracted from other workers in the past or, if early enough, the appropriations known as primitive accumulation.