"There are views. And what we see in a view is not necessarily what is in the view, all that is in the view. We have to separate, to some extent, the perceiver from that which is perceived or we have to lose all distinction whatsoever."

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Thus, the capital owner is not a parasite or a rentier but a worker - a capital worker. A distinction between labor work and capital work suggests the lines along which we could develop economic institutions capable of dealing with increasingly capital-intensive production, as our present institutions cannot.

— Louis O. Kelso