>So, before capitalism, people didn't build widgets?
There was no "before capitalism".
>My point is that labour does not need capital to produce value (Although access to capital can increase the amount of value labour can produce.) Capital without labour is, quite obviously a lame duck.
Labor without capital is the same duck. Creating a business is risky, and someone has to be on the hook for that risk.
>Crediting the super-rich (A very few exceptions aside) for creating wealth is nonsense.
The super-rich are a sideshow. Most "capitalists" out there are people like you and me putting money into their 401(k) every paycheck.
There was no "before capitalism".
>My point is that labour does not need capital to produce value (Although access to capital can increase the amount of value labour can produce.) Capital without labour is, quite obviously a lame duck.
Labor without capital is the same duck. Creating a business is risky, and someone has to be on the hook for that risk.
>Crediting the super-rich (A very few exceptions aside) for creating wealth is nonsense.
The super-rich are a sideshow. Most "capitalists" out there are people like you and me putting money into their 401(k) every paycheck.