4 ms·
That’s simply not true. If I create value by hitting in a nail with your hammer I deserve compensation for my labor, but certainly you deserve compensation for
by JackFr 5y ago
That’s simply not true.
If I create value by hitting in a nail with your hammer I deserve compensation for my labor, but certainly you deserve compensation for the part your hammer played as well.
Wages are simply returns to labor, profits are returns to capital.