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by unclebucknasty
4520 days ago
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There is no need to test whether capital provides value, as it obviously does. Your parent was speaking to viewing labor as providing the primary value. I noticed though, that your test's premise started as a means to challenging your parent's assertion that labor provided the primary value (i.e. you implied that capital provided the primary value). But, your test's conclusion was that capital provided only significant value, which no one is arguing. Apparently, you couldn't bring yourself to conclude that capital provided the primary value, perhaps because your test doesn't prove it. But, I have an exercise for you. Imagine starting a company with very little capital, but plenty of labor (i.e. people willing to work for a share in future profits). Now, imagine starting a company with $1B and no labor. In any case, regardless of which you deem technically "most" valuable, there is still the question of degree: that is, do the rewards accrue to the parties proportionate to their value? |
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