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by peterashford 1032 days ago
This is why Adam Smith hated rent seeking behaviour and I think its the biggest flaw in how we do capitalism: the wealthy create wealth by controlling stuff - especially natural monopolies like land, not by doing any actual work. It's parasitic.
1 comments

That's literally the capital in capitalism. There's not some other way to do capitalism that's not like that: it's inherent to the model and what you want is some other system.
How about rent control?