Very cool.

I mean, a factory owner can always take his assembly robots and sell them at the local flea market... so they have some value...

Might require some extra labor-power to do the shirt layout with the technical point though...

If we're going to try to talk about capital without any past labor... we're just gonna all stand around like those dudes from King of the Hill, muttering: "Yup..."

and thank you for chiming in on the specifics.

After all, it's not a physical asset. It's just marks on paper or bytes in a computer somewhere.

Technically, your shoes are capital assets, in so far as the IRS expects you to declare any income generated by their sale (less cost of goods sold, of course).

Hell, technically, your kidneys are capital assets, if you want to go into the (very short term) business of selling them.

If you wear your shoes to walk to (or around in the process of) work, however, then they are not capital. In that case, they are consumer goods... but the work-power that you put the shoes on to go out and sell, that is capital. It just ain't yours...