[pdkl95]

I could see is being a problem in other economic systems, now that you mention it. My point was more that the epidemic move to rent-seeking based business models in the last few decades has become one of the larger problems with our current implementation of capitalism.

[guelo]

The economic model we're looking for is free markets regulated by uncaptured, strong democratic governments. We all know this but political conversations are always dominated by extremists that only focus on one or the other, full communists or full libertarians. But the truth is you need both a strong market and a strong government.

[AndrewKemendo]

No way.

It is harder and harder to economically squat because competition is now seamlessly global for basically everything except infrastructure. Only in a few very limited circumstances is rent seeking even a viable option today - namely those providers with natural monopolies like water/cable etc...

Across all industries, no one is safe from small disruptive providers. Wasn't even close to that case even a few decades ago.