Remix.run Logo
cyanydeez 3 hours ago

Rent seeking is all Capitalism is about.

They call it a moat.

sooheon 3 hours ago | parent [-]

This is misuse of language. Rent seeking is anti-competitive by definition. The current system, as far as it encourages and rewards rent seeking, is anti-capitalist.

achierius 2 hours ago | parent | next [-]

If monopolies are "non capitalistic", then why has every capitalist economy in history had such a tendency towards creating large monopolies? The same cab certainly not be said any those economies producing, say, worker control of the means of production.

parineum an hour ago | parent [-]

Every economy tends towards monopoly because people like power and will corrupt and exploit any system to gain abd hold it.

That's a human problem.

malfist 2 hours ago | parent | prev | next [-]

Anticompetitive behavior is completely within lines for capitalism. Survival of the fittest and efficient marketplace and all that.

Besides, what's the other option, rent seeking is socialism? A barter system?

cyanydeez an hour ago | parent | prev [-]

Just like communism practice is not communism in theory.