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That is not "capitalism at work", that is rent seeking and one of the many very common forms of government failure. Just because the motive of something is pro
by uriel 17y ago
That is not "capitalism at work", that is rent seeking and one of the many very common forms of government failure.
Just because the motive of something is profit, it doesn't mean it is capitalism, the motive of taxes is also profit (for special interests), but that doesn't mean they are capitalism at work.
- pbhjpbhj 17y agoThe stated motive of taxes is usually the public good; if it's profit for special interests then you're probably talking of fraud. I still contend that the pressure by corporations to increase copyright terms in order to maximise the profitability of held IP assets is "capitalism at work". It is sustained holding of IP away from the public domain preventing others from using that IP [for profitable production]. Smells like capitalism to me.