Structure of This Article This article proceeds as follows: 1. Introduction – What Does It Mean for an Asset to Increase?2. Where Does Surplus Arise? 2.1 Self-Contained Stock Change — Can Surplus Arise Within a Single Entity? 2.1.1 Pure Stock Assets (Accumulated Assets) 2.1.2 Stock-like Flow Assets (Structurally Created Assets) (1) Securitized Claims (2) Fictionally … Continue reading Structural Analysis(3): The Emergence of Surplus — Part 1: The Generation of Surplus