I hate to argue with Jesus, but capital is no more the product of labor than land. Capital didn't exist in large enough quantities until.... I hate to argue with Jesus, but capital is no more the product of labor than land. Capital didn't exist in large enough quantities until the advent of machinery--the industrial revolution. Before then capital came with the advent of cities, which brought labor specialization. These, machines and specialization, are products of the mind. Before then labor provided sustenance (and likely any excess was stolen).

Capital comes from technological and time-saving advancements. Ownership of land also provides capital. This is why private property and home ownership is so critical to class mobility.

I'd also like to point out that Dick Cheney is with the government, not the private sector, so blame the overtime wage issue on the government.

If labor itself really produced capital, farm animals would have gotten rich long before humans.

As Ayn Rand said, wealth is the product of man's capacity to think.