"Rent seeking" is placing yourself in a position where you risk nothing, create nothing and parasitize society. Google destroyed publishing, destroyed many pote

"Rent seeking" is placing yourself in a position where you risk nothing, create nothing and parasitize society. Google destroyed publishing, destroyed many potentially profitable internet businesses and effectively risks and creates nothing. Most monopolies fit the definition of rent seeking blood suckers, but Google really does. The Bell System provided a useful telephone network at least, as well as inventing the future with their research lab.