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The milibite of the night

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The Catbird's Seat

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13 Sep 12
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Originally posted by AThousandYoung
There we go. It's called Rent Seeking.

http://en.wikipedia.org/wiki/Rent-seeking

That is what is screwing up the US economy. Rich people are rent seeking, have been for a long time, and their game playing is turning into amateur social engineering because they're so rich and they have propaganda and lobbyists and free time and arrogance so...
Big government, and regulations taking away individual liberty are what account for "rent seeking".

AThousandYoung
1st Dan TKD Kukkiwon

tinyurl.com/2te6yzdu

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13 Sep 12
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Originally posted by normbenign
Big government, and regulations taking away individual liberty are what account for "rent seeking".
You are spouting propaganda buzzwords left and right. The radio show you listen to is well known for being an outlet for right wing propaganda.

Laissez-faire capitalism causes rent seeking. Capitalists are contrasted with workers for a reason; capitalists do not work.

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