The phrase rent-seeking is such a funny one to me. Like, if rent-seeking is bad that should apply across the board. I.e. being a landlord, literally seeking rent from tenants.
Yet I fear the issue most people on here have with “rent seeking” is the harm it does to a theoretical idea of free market capitalism - rather than the tangible harm of extracting wealth from someone’s need for a place to live.
Yet I fear the issue most people on here have with “rent seeking” is the harm it does to a theoretical idea of free market capitalism - rather than the tangible harm of extracting wealth from someone’s need for a place to live.