[kristopolous]

It's an academic economic term. Economic rent isn't the same as the common term. Taking a back catalog of content and charging for the right to view is a form of academic, economic rent. Licensing models, such as a video store, are frequently used as examples of rentierism.

I've got zero interest getting into one of those internet "debates" where a bunch of people extremely unfamiliar with concepts flex their knowledge to show me how "wrong" I am. No interest

Have a good day and forget about it

[scarface74]

> Rent seeking (or rent-seeking) is an economic concept that occurs when an entity seeks to gain added wealth without any reciprocal contribution of productivity.

Are you really saying that Netflix offers no “contribution of productivity.”? Or that they don’t have any added value.

If you had said that the 30% App Store fee is “rent seeking”, I would agree with you.

[kristopolous]

Sorry, I've got lots to do today. Have a great day

[scarface74]

Yes because you’re the only person on the internet who knows economics

FYI: I have an MBA that I never used…

[kristopolous]

Thus you show your hand. Your intentions are purely hostile, insincere, argumentative and spiteful. You've got exactly zero genuine interest. You are simply trolling. I've seen enough attacks in defense of ignorance to know not to play. This is my final reply. Further baiting will be ignored