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by carlosjobim 1142 days ago
> Those "rent seekers" are the investors that provide you with capital to build something in the first place. They don't produce anything physical directly with their own hands, but if they don't provide the funds, then nobody else would either.

Read my comment again, I'm not calling company investors rent-seekers - I'm saying those who live off other's labour through their real estate are rent seekers.

It's pretty funny that 99% of "investors" do not invest a dime in actual companies that produce goods and services. Instead most invest in rental properties to leech of their fellow man or invest in land with the excitement that it will increase in value and that they can price-gouge somebody who might need it for something productive.

When I talk to everyday people, what are their dreams? It's not striking out on a business with their own great idea, it's not even investing in interesting ventures by others. The dream is always the same: Buy some rental property and live care-free on the rent that others pay. It's pathetic.