| ▲ | Imustaskforhelp 4 hours ago | |
I agree, once they have bypassed regulations, they use that to essentially rent-seek from their monopoly/their unique position where the rent is paid by us public. Their behaviour is very rent-seeking imo and at moments like these, its best to remind us that even the father of Capitalism, Adam Smith didn't like landlords Had to search up some quotes from adam smith right now but here's a relevant one (imo) to this discussion: "[the landlord leaves the worker] with the smallest share with which the tenant can content himself without being a loser, and the landlord seldom means to leave him any more." - Adam smith | ||