Land, i.e. the classic example of rent-seeking. The land doesn’t become “valuable on its own”, it’s just used to extract value from other things. > In that or

Land, i.e. the classic example of rent-seeking. The land doesn’t become “valuable on its own”, it’s just used to extract value from other things. > In that original state of things, which precedes both the appropriation of land and the accumulation of stock, the whole produce of labour belongs to the labourer. He has neither landlord nor master to share with him. > ... > As soon as land becomes private property, the landlord demands a share of almost all the produce which the labourer can either raise, or collect from it. His rent makes the first deduction from the produce of the labour which is employed upon land. Wealth of Nations