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> It doesn't matter what the money is spent on after it is taken; that doesn't change that fact that rent seeking occurred. It does matter. It matters a whole
by mandmandam 5y ago
> It doesn't matter what the money is spent on after it is taken; that doesn't change that fact that rent seeking occurred.
It does matter. It matters a whole lot. Saying it doesn't reduces your argument to a purely semantic one; and a very stretched, very pointless argument it is.
- missedthecue 5y agoIt's not pointless. The point is that competition is healthy, whether it's in regard to the cost of milk or the cost of taxes. Monopolies are economically inefficient and make us poorer on net.