4 ms·

Anticompetitive behavior is completely within lines for capitalism. Survival of the fittest and efficient marketplace and all that. Besides, what's the other o

• sooheon 9mo ago
  > Survival of the fittest and efficient marketplace Rent seeking is an Econ 101 example of market inefficiency. > what's the other option, rent seeking is socialism? Rent seeking is rent seeking. It is a form of corruption, via regulatory capture. It is a way in which any political system can fail, not limited to an ideology like "socialism" or "capitalism".