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Unfortunately, the capitalist system often ends up in rent-seeking. Property rights gives folks the rights to hoard resources and rent them out. This is a compl
by cmwelsh 5y ago
Unfortunately, the capitalist system often ends up in rent-seeking. Property rights gives folks the rights to hoard resources and rent them out. This is a complicated topic with no clear yanswer. Obviously, owning, leveraging, and renting assets is a motivator and reward to those who are winning in the game.