Interesting connection. Perhaps it isn't as direct as the Scrooge McDucks of the world saying "we're running out of Plan A (oil) rent seeking assets so let's m

Interesting connection. Perhaps it isn't as direct as the Scrooge McDucks of the world saying "we're running out of Plan A (oil) rent seeking assets so let's move to Plan B". It still works even if it is just that capitalists preferentially look for rent-seeking opportunities over value creation because it is easier and longer lasting (and most of them aren't actually smart enough to consistently create value). Kind of ironic that two movements I see in younger generations are 1) 'anti-capitalism', and 2) 'be minimalist, own as little as possible and rent everything'. #2 falls right into the capitalist's trap.