[tomrod]

Close. We pay money to use other people's times _and_ resources (capital) and outputs (widgets). Take Netflix. You watching a whole lot of Netflix for $400 a month (or whatever they are charging these days) doesn't make people work any differently than paying for it and not watching it, or, truth be told, not paying for it (as an individual), or, in the rare case, watching it without paying for it. Thanks to the magic of capital! You're paying Netflix for Video Content and Delivery systems, but their system exists and would probably work for a long time if they reduced staff significantly. (I'm not advocating Netflix fire people).

In short, we pay people both for their time, purchasing of objects, and for use of their assets (without commenting how how fair or unfair their capital acquisition practice was to this point).

[000ooo000]

>Close. We pay money to use other people's times _and_ resources (capital) and outputs (widgets)

If these other things still require time as an input to create them, isn't it still just time at the end of the day?

[tomrod]

With a really indirect definition, yes! But then, the cost per unit sold for the latest Taylor Swift album through Apple Music is basically free, so much so that the marginal amount of time to produce and sell it is extremely negligible.