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From:
Democracy Challenged
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Intangible Capitalism: How Accounting Turns Licences Into Assets – Democracy Challenged
https://democracychallenged.com/2025/09/12/intangible-capitalism-how-accounting-turns-licences-into-assets/
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Capitalism in the twenty-first century runs on intangibles: patents, software code, algorithms, brands. Yet what really matters is not the ideas themselves, but how they are recorded in the books. …