Spiritual Power

This idea that the production of wealth can be used to determine where value comes from is the central target of Nitzan and Bichler’s critique. As they convincingly demonstrate, no such objective determinant of value can be convincingly established. They attack more specifi cally the notion that one can use the amount of capital or labour that is invested in production in order to explain the process of accumulation. Such a focus on production, or more specifi cally the inputs of production, is limited because it misses the role of power in shaping valuation. [ Muzio, 2011 ]
See: Plutonomy.