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Rent-seeking is relatively agnostic of any particular economic order. To some extent, the Marxist-Leninist planned economies were nothing but that.
by vezzy-fnord 11y ago
Rent-seeking is relatively agnostic of any particular economic order. To some extent, the Marxist-Leninist planned economies were nothing but that.
- danharaj 11y agoI didn't say rent seeking only occurs in capitalist systems, only that it is a consequence of the premises.