An asset is property yielding an income stream, unlike a commodity for sale.

Evidence

Thorstein Veblen (1908a, 111), for example, referred to the capitalization process as the creation of an asset; that is, the transformation of something into property that yields an income stream (and not a commodity for sale). The difference between commodities and assets is best illustrated with an example; an asset is something like music copyright, while a commodity is more like a CD or downloadable song. — Kean Birch, Rethinking Value in the Bio-economy, 40

Categorization

• DEFINE: The core asset/commodity distinction — asset yields income stream, commodity is sold — is the foundational definition anchoring the whole assetization debate.
• XREF: Cleanly parallels the music copyright vs. CD example with the commodification/assetization divide the reader is tracking. — connects to: One’s debt is always another’s asset and income stream — Mark Blyth, Austerity: The History of a Dangerous…, 44; Assets differ from both exchangeable commodities and simple rental property. — Paul Langley, Assets and Assetization in…, 19; Assetization constitutes a distinct logic of investment irreducible to speculation or rentiership — Paul Langley, Assets and Assetization in…, 27 (+2 more)

Related

• Assets differ from both exchangeable commodities and simple rental property. (similarity 0.89)
• Assetization constitutes a distinct logic of investment irreducible to speculation or rentiership (similarity 0.85)
• Assetization better captures financialized capitalism than commodification or marketization concepts. (similarity 0.84)
• Asset value derives from future earnings rather than intrinsic commodity value (similarity 0.83)
• Assetization supersedes commodification and marketization as the key analysis of financialized capitalism. (similarity 0.81)
• Becoming an asset exceeds property relations and needs separation from socio-material context (similarity 0.79)

Broader Connections

• Assets differ from both exchangeable commodities and simple rental property. #qualifies (0.82) — Paul Langley, Assets and Assetization in…, 19
• Efficient-market theory holds stocks are interchangeable rights to income streams #corroborates (0.78) — Donald MacKenzie, An Engine, Not a Camera, 460
• Assetization constitutes a distinct logic of investment irreducible to speculation or rentiership #expands (0.75) — Paul Langley, Assets and Assetization in…, 27
• Asset value derives from future earnings rather than intrinsic commodity value #corroborates (0.72) — Kean Birch, Rethinking Value in the Bio-economy, 73