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> All this rent seeking needs to die. What, people charging money for software? How is that "rent seeking" and why does it need to die?
by School-Cotton 4y ago
> All this rent seeking needs to die.
What, people charging money for software? How is that "rent seeking" and why does it need to die?
- baobabKoodaa 4y ago> What, people charging money for software? How is that "rent seeking" and why does it need to die? There's a difference between buying and renting.
- School-Cotton 4y ago“Rent seeking” is a term of art that means a specific thing, it doesn’t just mean “whenever you offer to let people rent something”.
- baobabKoodaa 4y ago> “Rent seeking” is a term of art that means a specific thing Right, and specifically in this context, it refers to the act of charging money from software in small continuing installments as opposed to charging money in one up-front installment (which might be called "buying"). In your earlier message you equated "rent-seeking" with "charging money for software". My point is that not all ways of charging money for software are rent-seeking.
- tanseydavid 4y agoCharging people a recurring subscription fee for a Color is "rent-seeking".