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by Felix21
4749 days ago
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Why would someone even consider creating a law to protect an industry that technological and business model "innovations" are threatening to replace. Is that not how the free-market is suppose to keep the whole system efficient? It just sounds absurd: "I'm going to jail Hun" - what did you do? "I made a car... and then I sold it... directly to those who wanted it" - ....... ridiculous |
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"rent-seeking is an attempt to obtain economic rent by manipulating the social or political environment in which economic activities occur, rather than by creating new wealth"
A great side effect of popular companies like Tesla and Uber is the attention they bring to these practices.