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Why is every service considered a “rent”? These services basically depend on commodity production—bell may have had a monopoly on phone service but not on the p
by DiscourseFan 9mo ago
Why is every service considered a “rent”? These services basically depend on commodity production—bell may have had a monopoly on phone service but not on the phones themselves. Or the copper used to manufacture their cables, or the housing which their employees slept in or the food they consumed. Service monopoly =! Neofeudalism, just because it is a more recent phenomenon does not mean its unique, JP Morgan had a rail monopoly, nobody considered his business “Neofeudalism.”