General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsCAPITALISTS They want you to rent everything, own nothing (not even things you thought you had bought), and always be
https://beige.party/@Black_Flag/116267265878795408CAPITALISTS
They want you to rent everything, own nothing (not even things you thought you had bought), and always be on the hook to them for anything.
They want your income low and your anxiety high.
They want to bleed you fucking dry.
Are you just going to sit there and accept it?
THEY WANT THAT TOO.
Your future is in your hands. And everyone else's too.
Applegrove: I would change the title to "Pure Capitalists". Also i would add student loans as a way they keep you paying forever.
sakabatou
(46,090 posts)Raven123
(7,780 posts)OC375
(884 posts)90% of what I have and desire is crap I never needed, or knew I needed, until someone pushed it on me. Live smaller, live life, screw The Man.
usonian
(25,056 posts)Here's an explainer.
https://www.investopedia.com/terms/r/rentseeking.asp#toc-the-bottom-line
Wikipedia is kind of dry, even for me, on the topic.
https://en.wikipedia.org/wiki/Rent-seeking
Short of it:
The term rent in rent seeking is based on the economic definition of rent, which is defined as economic wealth obtained through shrewd or potentially manipulative use of resources. That said, its possible for landlords to engage in rent-seeking behavior.
The Bottom Line
Rent seeking is an economic practice where individuals or businesses aim to increase their wealth without contributing to society's overall value, often undermining market efficiency. Common examples include lobbying for government subsidies, grants, or regulations that favor certain companies over competitors.