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It is also true that there is nothing in capitalism that precludes this rentseeking scheme. Everything about it is quintessentially capitalist: a top-down organ
by EGreg 4y ago
It is also true that there is nothing in capitalism that precludes this rentseeking scheme. Everything about it is quintessentially capitalist: a top-down organization employs people (job creation) and pays them money which it gets by restricts other people and organizations from using something (private ownership) unless they pay (rentseeking) and to take down its rivals (competition) to take over an entire industry. The only aspect that’s missing is to abuse publicly available resources (extraction) and dump its waste (pollution).
It is actually fine for trailblazers to charge large amounts for new tech. But open source gift economies can eventually break their stranglehold.
Unless they use the power of government to enforce their rentseeking, which can be especially egregious with “intellectual property”.
(Yes it is possible to be a libertarian who criticizes capitalism as using government force.)
https://twitter.com/mozilla/status/1549775652123033601 https://twitter.com/mozilla/status/1549775652123033601