The non-labor costs are still labor. A hammer is labor, wood, and metal, and imparts a portion of its embodied value onto that which is assists in creating.
Ownership does not provide value. Management does, it creates Value via labor, but ownership is not required for management, nor does management justify ownership.
False, they front the non-labor costs.
The non-labor costs are still labor. A hammer is labor, wood, and metal, and imparts a portion of its embodied value onto that which is assists in creating.
Ownership does not provide value. Management does, it creates Value via labor, but ownership is not required for management, nor does management justify ownership.
…with capital they or their ancestors made off the backs of labor.
Great pretzel logic you’ve got going there.