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by nickff
917 days ago
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I understand why you are using the words "rent seeking", but that's a defined term with a meaning which differs from what you're trying to describe: https://en.wikipedia.org/wiki/Rent-seeking >"Rent-seeking is the act of growing one's existing wealth by manipulating the social or political environment without creating new wealth.[1] Rent-seeking activities have negative effects on the rest of society. They result in reduced economic efficiency through misallocation of resources, reduced wealth creation, lost government revenue, heightened income inequality,[2][3] risk of growing political bribery, and potential national decline. " |
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