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by jmole
1333 days ago
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It's both? This is America, where muscular middlemen squeeze out the middle class so that capital flows to the top. Margin for producers? Not gonna happen. And for consumers? raise prices and lower portion sizes until profits start to decline. Rent-seeking is the American dream |
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People use “rent seeking” to mean “people making money in ways I don’t like”.
And having lived in other countries I benefit greatly as a consumer being able buy things cheaper at places like Walmart.