working class

[Wojtek Sokolowski]

At 01:45 AM 7/4/2002 -0700, you wrote:
>Wojtek Sokolowski wrote:
>
> >Capitalists do not rent their labor power - their remuneration is based 
> on their monopoly position i.e. celebrity status or actual control of the 
> process of production - which in economics is called "rent."
>
>With you now. You mean capitalists "rent" their capital in the sense that 
>they retain control of ("monopolise") it, as opposed to workers who "sell" 
>their labour and relinquish control.

Rent basically is unearned income - one coming from the control of an asset 
rather than from producing and selling goods.

wojtek