this post was submitted on 27 Oct 2023
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But rent seeking sounds too.... clean. It's almost an euphemism. Because in the end, the result is that for a whole lot of people, the experience of using the services goes to shit.
Edit: I just googled it and yeah, you're exactly right. Interesting!
I just like pointing out that it's nothing new.
It may not be a flashy term, but it has a lot of historical context and it's basically a defining feature of modern capitalism at this point.
Absolutely. I read a whole lot about it after I posted my previous comment. Rent seeking is definitely the right term.
Glad to hear it. Spread the word, it's a great term imo, and something more people need to be aware of.