Assets differ from both exchangeable commodities and simple rental property.

Evidence

Assets in this literature are not the ‘fixed’ or ‘current assets’ of balance sheet accounting. They are things which are, at once, ‘owned or controlled 
 as an object of appropriation’ (Muniesa et al., 2017: 129), and valued (at a discount) and deemed investable because they are able to generate future incomes or revenues, act as collateral and bear debt (Birch & Muniesa, 2020). Assets are not the same as commodities for exchange, but neither are they simply private property for rent and appropriation. — Paul Langley, Assets and Assetization in
, 19

Categorization

  • DEFINE: Provides a working definition of ‘assets’ as capitalized property distinguished from balance-sheet categories, commodities, and rent-extracting private property.
  • XREF: connects to: An asset is property yielding an income stream, unlike a commodity for sale. — Kean Birch, Rethinking Value in the Bio-economy:
, 40; Assetization constitutes a distinct logic of investment irreducible to speculation or rentiership — Paul Langley, Assets and Assetization in
, 27; Assetization better captures financialized capitalism than commodification or marketization concepts. — Paul Langley, Assets and Assetization in
, 26

Broader Connections