4 ms·
> ... but both sides just impose regulation that benefit established firms and sell out consumers. Can't agree more. Corporatist rent-seeking is the fundamenta
by theseatoms 10y ago
> ... but both sides just impose regulation that benefit established firms and sell out consumers.
Can't agree more. Corporatist rent-seeking is the fundamental problem with our political economy and/or society. But both sides keep talking past each other (as they are incentivized to do).
- iamdave 10y agorent-seeking Tangent, thanks. This is the phrase I was trying to conjure to mind earlier today in a discussion about the very topic of this thread. Ended up taking a long, exhaustive and context-laden road to get to my point; after which I had already lost an audience but so it goes. For the interested: https://www.wikiwand.com/en/Rent-seeking https://www.wikiwand.com/en/Rent-seeking