Value-Capture / Adjustment-Burden

value-capture-adjustment-burden measures structural power over for whom production is organized — who sets the arrangements that determine who keeps the surplus and who bears the cost of adjustment. The structural question is: who sets the terms that allocate the gains and burdens of global production? — not who ends up richer. Realized value-capture is a symptom; the power is authorship of the arrangements that produce it. This metric serves Strange's "for whom" clause.

Strange makes "for whom / who benefits" a defining clause of the production structure (Strange 1994, p.64) and — crucially — frames distribution as the result of arrangements, not of chance, which is what keeps it on the power side rather than the outcome side:

• "what is produced, by whom and for whom, by what method and on what terms" (Strange 1994, p.64)
• "when a social group loses power… big changes are apt to follow in who produces what and how they are organized - and consequently in cui bono, in who benefits" (Strange 1994, p.64)
• and when the production structure itself changes, "big changes are apt to follow in the distribution of social and political power" (Strange 1994, p.64)
• the distributional questions: "Who benefits, who loses? Who carries the risks and who is spared from risk? Who gets the opportunities and who is denied an opportunity?" (Strange 1994, p.18)
• the decisive framing: arrangements "are not divinely ordained, nor… the fortuitous outcome of blind chance. Rather they are the result of human decisions taken in the context of man-made institutions and sets of self-set rules and customs" (Strange 1994, p.18)
• the adjustment burden: "the burden of what is euphemistically called adjustment falling much more heavily on the developing than the industrialized countries" (Strange 1994, p.81)

Strange 1994, p.18 is the settlement: distribution is the consequence of arrangements, so measuring who sets the arrangements is structural power; measuring who got rich is outcome. This metric scores the former.