: : SDF: When people who earn most of their income through investment choose to work, it's a hobby. When the owner of the Dallas Cowboys paces the sidelines at the football games each Sunday, it's a hobby. The owner of the Dallas Cowboys DOESN'T HAVE TO pace the sidelines -- he hires a coach and a set of executive personnel to manage the Cowboys for him, so all of that work is taken care of.
: My argument was - what would he be doing if he undertook the coaching job himself whilst owning the team? He would be working. Likewise a fellow who owns a corporation but still comes in to do actual productive work, whether it be a spot of accounts or some welding is working - the nature of the activity does not change because of his bank statement.
Certainly I would have expected you, of all people, would appreciate the difference between compulsion and "free choice". Alienation is a product of NOT having control of choices. That was what "free agency" amongst the sports elite was all about.
(Which was my original point here
The LTV provides a means by which the LACK of control of the product of one's labor can be quantified.