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Rent-seeking behaviour is not sustainable in a functioning capitalist society. But it can be very lucrative while it lasts, and it only has to last until you re
by intrasight 10y ago
Rent-seeking behaviour is not sustainable in a functioning capitalist society. But it can be very lucrative while it lasts, and it only has to last until you retire.
- TorKlingberg 10y agoHow is selling printers rent seeking?
- dredmorbius 10y agoPossibly exploiting patents.Though Xerox lost out on much of that to IIRC Toshiba.
- mathgeek 10y agoXerox derives much of its income from contracts rather than selling printers directly. They rent you the printer and charge you per page printed. Source: worked tech support for better part of the 2000's and had to get Xerox printers on our networks often. Spent a lot of time updating settings when the contracts renewed and new printers were leased.
- TorKlingberg 10y agoThat sounds like something their customers want, whether you think they should or not.
- mathgeek 10y agoThat's essentially what I found in my time working with them. This was public sector so the idea of budgeting the hardware cost as a lease and paying per print really appealed to the administration.