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Without capital contribution in the list of positive sum sources you can't explain why a bunch of engineers dumped on a desert island with no tools will produce fewer automobiles than an identical cohort released inside a tesla factory. Building capital straightforwardly creates value in a positive sum manner. The relatively free market system we live under encouraged the behavior by allowing people to reap the fruits of capital investment through ownership, but the investment itself is what actually increases the sum. I need to be very explicit about this because the point in contention from the OP and in other threads is that people who direct this awesome positive sum mechanism are pure leeches who, because they can't actually grow the pie by your definition, are guilty in essence of stealing everything they have. It's the seeds of a very murderous and incorrect ideology.
"but for" isn't sufficient here, without the labor and capital the technology does nothing. without the labor and technology capital does very little. Without the Capital and technology you have dirt farmers barely surviving. You need all of it. Even Marx treated capital accumulation as the major engine of historical development, with technology being almost a special case of capital investment.
Sure I can. The factory is an artifact of prior people's value added labor and technology. In your view "Capital" would seem to be simply an accounting method for tracking the accumulated value-add of those two forces.
Oh no! Wrongthink!
Yeah, you're doing LTV. There are a lot of reasons LTV is wrong and your whole model doesn't really make any sense if you don't separate capital from labor. What exactly is technology except something design labor went into? So your taxonomy reduces to just "everything is labor" which is completely useless. If we accept that not all labor is equally useful then capitalist labor in pricing risk accurately entitles them to the fruits of that labor, capital gains.
All models are wrong, some models are useful. I'm simply explaining why I'm being a stickler for pointing out why your model is both wrong and anti-useful. If you don't care about my motivations then feel free to ignore it, it's not load bearing, but the empirical result of following your model is poverty and body bags
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