"potentially profitable" is the key word here. Entrepreneurs pay money first to buy capital goods and do not necessarily make money. Labor is paid by the hour or by the job. Laborers do not pay money first.
Post by twetch#1612
You're clearly stating here your misunderstanding. You're saying that you think "all value comes from labor" means "all value comes from wage labor." That's not what it means. It means any labor, any work, anyone doing anything, anything at all, just that.
What the chain says
- Block
- 617 734
- Time
- 2020-01-15T09:27:28Z
- Signer
- 1JLButMZPU7xu2PUBPxekTcpJKPzZuaTuZ
- App
- twetch
- Type
- reply
- Content type
- text/plain
- Name in tx
- twetch#1612
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1JLButMZPU7xu2PUBPxekTcpJKPzZuaTuZ VerifiedReplies (3)
So, that is not what I think. Keep guessing.
Like of course you understand that it doesn't prove Marx wrong that people create value by volunteering. You know that's labor, just not wage or contract labor.
I don't know what you think. It's what you SAID. This is a public CONVERSATION. You're supposedly demonstrating your superior rationality. :/ Labor just means doing stuff.