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Every worker would demand to be paid the full future value of the product immediately . But if the factory pays out the full future value today, the factory has no funds left to pay for raw materials, rent, or expansion. The system collapses into either:

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The worker receives a certain, immediate income without having to wait months or years for the product to sell, and without bearing the risk of business failure. gia bawerk free

Böhm-Bawerk introduced the concept of "roundaboutness" ( Produktionsumwege ) to describe how capitalistic economies grow.

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Marx argued that capitalists exploit workers by keeping "surplus value." Böhm-Bawerk countered by showing that capitalists provide a vital, voluntary service: .

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Managed by the Liberty Fund, the Online Library of Liberty focuses on historical texts concerning individual liberty and free markets.

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