Rent seeking is an interesting point, since every tech giant is basically a rentier in some form. The path to billions in revenue is to control eyeballs, market

Rent seeking is an interesting point, since every tech giant is basically a rentier in some form. The path to billions in revenue is to control eyeballs, marketplaces, platforms, without ever strictly selling it away. Rentierism is fundamentally unproductive. If you're a keynesian, a rent is literally the excess that can be extracted due to some market inefficiency, and the flood gates should release a million competitors into the market. Clearly this isn't what is happening. I'm okay with taxing rentiers for the regulatory protection they rely on to protect their monopolies. I completely agree with your other points.