[lbo-talk] Dumb QOTD: What kind of labor produces intellectual property?

Charles Turner vze26m98 at optonline.net
Fri Sep 2 05:28:27 PDT 2011


Could someone point me to an answer to this?

Reading Z's _End Times_, and in his chapter about political economy, he mentions the three classical divisions of income: labor, capital, land ownership.

So what is a royalty? Is it a rent? Is an intellectual property a kind of capital? What kind of labor produces intellectual property?

Thanks, Charles



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