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itsbruce-
We can set the analogy aside if you like.
I think this debate is really about a deeper point, i.e. the nature of capital in the modern economy and what we really mean when we talk about returns on capital. Are all dividends just stolen wages or is there a separate factor of production that needs to be compensated etc etc
NickCJ
But that's a bit like saying a remortgage is a meaningfully different transaction from a house purchase from the bank's perspective. It's totally fungible.