Implying the rest is capital revalorization?
this post was submitted on 24 Jan 2026
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Chapotraphouse
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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!
nonfarm workers
What's so special about farm workers that they get excluded? How do they shift the data?
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%.