>all of the profit has to be provided to a small over-class It’s not, and it is a fiction to say it is. Capital wealth is a representation of total risk adjus

>all of the profit has to be provided to a small over-class It’s not, and it is a fiction to say it is. Capital wealth is a representation of total risk adjusted future expected returns subject to a discount rate. But we don’t advertise human capital this way; the excess future labor returns adjusted for some basic cost of living. But they are the same thing: future profits. If advertised this way, relative wealth would look vastly different.