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> For one thing, workers can not easily hop from area of expertise to area of expertise like capital can

Uh, last I checked, capital is not capable of hopping from area of expertise to area of expertise. A GPU cannot decide to become a burger flipping robot (much to the dismay of some crypto investors).

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I thought capital in this context meant investment money. Not finished products.

A investor can quickly move capital from one industry to another, but the worker cannot.

He must sell his participation which in this context would be done probably at significant loss.

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