Behavior of various agents in society use rent-seeking methods to maximize their market power by means other than socially valuable methods of increasing productive efficiency and the like.
by 2008 BC May 5, 2008
The rapacious usurpation of working class prosperity, promoting conditions of endless toil towards pre-forfeited gains
Rent seeking behavior by banks, investors and landlords is the fundamental engine of perpetual wealth disparity.
This is what landlords do when they reach into workers pockets instead of do work themselves. This is what bankers do when they take fees that compound the cost of consumption. This is what gig economy companies do when they extract value by circumventing labor laws and keeping the difference for themselves that should have paid operational costs, pensions, healthcare and payroll taxes.
Rent seeking is among the lowest forms of livelihood.
Stop rent seeking and create your own wealth.
This is what landlords do when they reach into workers pockets instead of do work themselves. This is what bankers do when they take fees that compound the cost of consumption. This is what gig economy companies do when they extract value by circumventing labor laws and keeping the difference for themselves that should have paid operational costs, pensions, healthcare and payroll taxes.
Rent seeking is among the lowest forms of livelihood.
Stop rent seeking and create your own wealth.
by Deeeez_nuts May 31, 2019