In the same way that one could talk about &#x27;return on capital,&#x27; one could talk about &#x27;return on labor&#x27; and &#x27;return on land.&#x27; I don&#x27;t think it&#x27;s controversial to say that capital and &quot;entrepreneurs&quot; [0] have made much better returns in SV then land or labor have. The arguments usually start why that&#x27;s the case and whether it can&#x2F;should be otherwise.<p>[0] Entrepreneur is a concept that AFAIK economics does not have a good way to deal with. It seems to be a special class of labor because entrepreneur make there money by knowing exactly what kind of labor would be most useful. But it also seems to be a special class of capital because they make all of there money on equities  (by selling shares in their own companies that they bought for pennies at founding). If anyone has a coherent theory of economics that accounts of entrepreneurs, I&#x27;d love to read about it.