Wm:CreatingAndSharingWealth - 0 views
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annotations.
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Land, Capital, Wages and Profit
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JosephSchumpeter suggested that the rewards of...
Land (ownership) are RentCapital ... InterestLabour ...WagesTechnically, Land and Capital are Assets (a type of Wealth) that can be owned, unlike Wages. Profit is generally an "entitlement" that, once received, becomes part of an entities Capital.
Csw:forum
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claims:
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Subsequent refactoring effort is reduced....