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Implying the rest is capital revalorization?
Rents, profits, etc
So yes?
Maybe I’m not correct on definitions here, but my understanding is that profit results from valorization but rents are distinct.
Hmmm, I see your point. Some financial rents (i.e. state bonds) arguably don’t come from revalorization through appropriation of labor. I’ll think about it. Thanks for the input!
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I don’t really understand the convention of excluding farmworkers, but ag is a very small fraction of the US GDP, somewhere around 1%.
I made a calculation of this last year and concluded that about 40% of GDP was wages and salaries. I suppose partnerships and sole proprietorships account for another 14%.
