If you were to count the margin of everything it would be 100%. At the end of the day everything is either a resource harvested from the earth or human labor.
If you were to count the margin of everything it would be 100%. At the end of the day everything is either a resource harvested from the earth or human labor.
The more common concept of margin used in this context is net profit after expenses, including labor expenses. The question is therefore roughly "How much is purely for capital profit taking rather than directly involved with compensating labor and purchasing materials?".
Everything is human labor. There is no such thing as a “resource” without human labor to convert raw earth into something useful.
Two things that are necessary are both necessary. That doesn’t mean one collapses into the other.
IP at the margin?
Everything is food and air. There is no such thing a "human labor" without food and air to sustain it. I'm not sure what your point is.
Help me understand this.
There's the cost that the employees pocket, and then there's the share that the shareholders pocket, right? Doesn't "margin" represent the latter?
100% of the money ends up going to people.
It’s not like you get to the end of the chain and trade a fistful of dollars with the ingot of aluminum itself.
Sure, the concept of money is only meaningful / valuable to humans.
But isn't there a conceptual difference between the "owners" of the Tomahawk factory vs. the people who are actually putting the missiles together?