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Find the production of labor

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Marxists and Post Keynesians believe that "profit" comes out of the production of the unpaid for "surplus value" production of labor. Hudson and the "Neo-Rentierists" believe that in modern capitalism a large share of unearned income from property is "rent" from financial and real estate asset price inflation, and monopoly pricing, that is a transfer unrelated to, or above and beyond, surplus value in production. Explain.

Reference no: EM133125784

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