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I didn't say it is rent seeking, I said it incentivizes rent seeking. It incentivizes taking money without creation of new value. Subscriptions weaken the relat
by hayst4ck 4y ago
I didn't say it is rent seeking, I said it incentivizes rent seeking. It incentivizes taking money without creation of new value. Subscriptions weaken the relationship between receiving money and creation of value. Money is received whether value is created or not.
You can look at the app store to see all kinds of rent-seekers, so it is happening. Not all subscriptions are rent seeking, but I have a hard time imagining how someone would rent seek without charging via subscription.