IMO we have to break things into good inequality (innovation derived) and bad inequality (rent seeking derived). Without innovative uber rich people we wouldn'

IMO we have to break things into good inequality (innovation derived) and bad inequality (rent seeking derived). Without innovative uber rich people we wouldn't see companies like Tesla or SpaceX or programs like YC. Assuming that rent-seeking is root cause of rising (bad) inequality What is the best way to solve that? IMO more rules and regulations would exasperate the problem as it will create more complexity and loopholes to exploit. In practice, the more regulations that exist the higher the barrier to entry is for potentially disruptive startups. The problems Uber has faced is a good example of this. It doesn't have to be this way though, it's feasible for there to be regulation that discourages anticompetitive behaviour. Unfortunately the lobbyists always seem to write these bills. Simplified regulatory structures with fewer exceptions might be better. With a focus on discouraging anti-competitive and rent seeking behaviour. But this is painting with a very wide brush across industries. It's a really tough problem. How can you promote competition in an industry while discouraging rent-seeking? How do you create regulations that cannot be gamed and don't further exasperate barriers to entry? edit: I'd like to add that the statistics from the article are ridiculous. and that attributing innovative growth only to growth that can be explained by patents is very wrong headed for software and in fact backwards. Software patents could be thought of as a form of rent seeking behaviour by large entrenched companies and patent trolls to wield against one another and startups. This doesn't change my stance on how solving rent-seeking is a tough problem.