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2019-02-14 Home Front: Politix

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Posted by Besoeker 2019-02-14 01:50|| || Front Page|| [6 views ] Top

#1 Rent-seeking is where it's really at, baby!

Posted by Anguper Hupomosing9418 2019-02-14 02:43|| 2019-02-14 02:43|| Front Page Top

#2 Exactly.

The economy is not Capitalist, it's currently more neo-feudalist. Designed to funnel money to the establishment, even stealthily via benefits for the poor that in reality accrue to the rich.

Posted by Bright Pebbles 2019-02-14 03:46|| 2019-02-14 03:46|| Front Page Top

#3 It wasn't a free market that did this to us. It was a deliberately slanted market, one designed from the outset to harm us. They knew what they were doing. If they could lift China up and create a middle class there by ruining our own people, they were all for it. And they naively believed democracy - a form of government with no precedent in thousands of years - would suddenly break out. Morons.

Posted by Herb McCoy 2019-02-14 04:20|| 2019-02-14 04:20|| Front Page Top

#4 The Greek/Roman historians believed that it's the passion for "free stuff" that makes democracy a transient form of government.

Posted by g(r)omgoru 2019-02-14 05:06|| 2019-02-14 05:06|| Front Page Top

#5 To live at other's expense joins rent-seeking "conservatives", libertarians and marxists.

Basically all the above dislike Ricardo's law of Rent.

Posted by Bright Pebbles 2019-02-14 08:23|| 2019-02-14 08:23|| Front Page Top

#6 Thinking about "rent-seeking" be difficult. That must be why writing or talking about it almost never happens.

Posted by Anguper Hupomosing9418 2019-02-14 11:48|| 2019-02-14 11:48|| Front Page Top

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