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There is no such thing as "rent extraction" in a free market. I am gaining capital because I am serving others well, so they voluntarily give me their money. Tr
by monero-xmr 1y ago
There is no such thing as "rent extraction" in a free market. I am gaining capital because I am serving others well, so they voluntarily give me their money. Trade is not zero-sum, we are both better. Capital I accumulate is reinvested, or spent on things I want. There is no problem with capital accumulation.
You have come to the exactly incorrect conclusions
- int_19h 1y agoThere's no free market with oligopolies.