There will only be capital incomes, incomes to those who own the means of production.
Well, what did you think would happen when everyone has the means of production?
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McCain said this system will encourage companies to seek more efficient means of production.
McCain believes this system will encourage companies to seek out more efficient means of production.
The first, starting in 1989, was largely economic, an unshackling of the means of production.
Socialism entails nationalization, the state management of the means of production and resources.
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Socialism means government ownership of the means of production, and governments necessarily own the land on which roads are constructed.
But our constitutional republic affords him little leeway to nationalize the means of production, save pilfering Chrysler for the proletariat.
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But Mr Singh has ceded some ground to those who still believe the state should own the means of production.
"I'm very aware as a creative person that those who control the means of production control the creative vision, " he says.
In the Industrial Age, because the corporate bosses owned the means of production, they had the wherewithal to command and control.
But nevertheless, there is an opportunity right now for people to seize the means of production and distribution and keep them independent.
The article calling for the redistribution of the means of production, for example, should be understood as seeking equal opportunities for all, he insists.
When there was a manufacturing based economy, this gave the workers some control over the means of production and therefore, a strong negotiating position.
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In our new wiki world, the primary means for creating economic value has morphed from the means of production to the means of collaboration.
As his ideas about capitalism gelled, Hubbard lamented that the nation was putting more resources into preparing for war than for unleashing the means of production.
And a greater consumer surplus is, by definition, some of that increase in wealth going to the consumers, not the owners of the means of production.
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Mises carried his argument step further, though: he argued that these prices cannot emerge without exchange, and exchange in turn cannot happen without private ownership of the means of production.
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They were the means of production, and wealth generation.
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Now that we have a services based economy, it is much easier for capitalists to move their means of production to anywhere in the world that can offer the best return on investment.
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In our current paradigm, it is normal either for a select few to own the means of production or for a retirement-investing group of people to invest in companies they have no investment in besides money.
Again, by means of production, not theft.
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When the means of production were expensive and the barriers to entry high, having a dad who owned a newspaper chain or a billboard company was a pretty good way to get a running start in the media business.
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In a command economy the state also overwhelmingly owns the means of production: it owns the factories, the railroads, the land, it owns almost everything of importance outside of a few scraps of land on which farmers are allowed to grow their own crops.
Lots of future enthusiasm and some interesting shout-outs to Marx (the means of production are in the hands of the creative proletariat), calls to kill off bureaucracy, and optimism that the way we think about leaders, bosses, governments and centralized, top-heavy organizations more broadly is changing for the better.
An associated reform of China's economy is the creation of more efficient (and ultimately safer and less polluting) means of private production, especially of food.
The basic logic: tight supplies of drives means reduced production of PCs, and lower sales of microprocessors.
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Rather than an everybody-gets-one-vote democratic approach to governing the means of economic production, we are left with a structure based on the idea that whoever owns the most has the most right to run the company.
Real growth means production of what people demand.
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