The revenue function of intangible assets

Clair Quentin

Chapter 6 in Capital, Revenue and the Non-equilibrium Thermodynamics of Value, 2026, pp 84-95 from Edward Elgar Publishing

Abstract: This chapter sets out an analysis of value capture by global corporate capital otherwise than through direct ownership of materially productive assets. That capture of value is shown to be linked to global inequality by reference to the phenomenon of unequal exchange and hyperexploited labor in the Global South/economic periphery. Unproductive labor creating and maintaining intangible assets accordingly serves as a ‘depth sink’ for surplus thermodynamic depth, and the tendential increase of such activity accordingly serves as a countervailing tendency to the tendency of the thermodynamic depth of commodities to make more of itself exponentially.

Keywords: Global Value Chains; Unequal Exchange; Intangible Assets; Unproductive Labor; Smile Curve; Monopoly Capitalism (search for similar items in EconPapers)
Date: 2026
ISBN: 9781035359998
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