3 ms·
It is rent-seeking behavior, which is the natural result of capitalism. The problem with idealistically pure capitalism is that then it concentrates wealth, th
by lamontcg 5y ago
It is rent-seeking behavior, which is the natural result of capitalism.
The problem with idealistically pure capitalism is that then it concentrates wealth, then people apply that wealth to control government and establish rents for themselves. Then it is no longer idealistically pure.
The ideal of capitalism where this would not happen and it would stay idealistically pure is a myth like a drug-free society.