Rent-seeking: Difference between revisions

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{{g}}A Marxist (ooh! saucy!) term for the practice of monopolising of access to [[property]] (notably including, for modern readings, [[Intellectual property|intellectual]]) and gouging profits out of it. Rather than the fruits of your blood, toil, tears and sweat you use the no-longer-fit-for-purpose<ref>{{author|Lawrence Lessig}}’s {{Br|Code: Version 2.0}} is a compuslory read.</ref> [[intellectual property]] rules to gouge everyone else.
{{g}}[[Rent-seeking]] is the Marxist (ooh! saucy!) term when a fellow (a “[[rentier]]”) monopolises access to [[property]] (notably including, for modern readings, [[Intellectual property|intellectual]]) and gouging profits out of it. Rather than the fruits of your blood, toil, tears and sweat you use the no-longer-fit-for-purpose<ref>{{author|Lawrence Lessig}}’s {{Br|Code: Version 2.0}} is a compulsory read.</ref> [[intellectual property]] rules to gouge everyone else.
 
 
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Revision as of 19:33, 17 June 2019

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Rent-seeking is the Marxist (ooh! saucy!) term when a fellow (a “rentier”) monopolises access to property (notably including, for modern readings, intellectual) and gouging profits out of it. Rather than the fruits of your blood, toil, tears and sweat you use the no-longer-fit-for-purpose[1] intellectual property rules to gouge everyone else.

References

  1. Lawrence Lessig’s Code: Version 2.0 is a compulsory read.