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Where you said... "Rent-seeking behaviour is the attempt to increase your share of the wealth, by means other than generating additional wealth. When you're th
by Frondo 11y ago
Where you said...
"Rent-seeking behaviour is the attempt to increase your share of the wealth, by means other than generating additional wealth. When you're the one who owns a profitable company, you're the one generating that wealth."
When you own a company, you and everyone else who shows up that day to work are the ones generating that wealth. Ownership by itself doesn't generate anything. Activity does.