Dutch Historian names the Rentier class at Davos

[clubgop]

But there is also a second way to make money. That’s the rentier way: by leveraging control over something that already exists, such as land, knowledge, or money, to increase your wealth. You produce nothing, yet profit nonetheless.

offer loans like it’s going out of style, which in turn inflates the price of things like houses and shares, then earn a tidy percentage off those overblown prices (in the form of interest, commissions, brokerage fees, or what have you), and if the shit hits the fan, let Uncle Sam mop it up.

Sure they do. The irony, however, is that their best innovations only make the rentier economy even bigger.

(instead of at universities or companies that contribute to real prosperity)

Leave it to a journalist and academic to define something so clearly and yet give an exemption to the institutions he likes.

[clubgop]

Cable TV is obvious rent seeking, I'm not sure he's right about Facebook,

Wait, what?

Cable companies, at least now, produce a lot of media content they then build and maintain the infrastructure to distribute that content.

Facebook does none of that.

Same thing with a MVNO, just because it seems like a good deal doesn't mean it isnt rent seeking. It's uber or Airbnb for cell service. And 500mb? Do you know what a, techie, millennial or gen Z does with 500mb? Complain on social media about their cell service and how much they charge for data.

[clubgop]

Cucker's boys have had just about enough of Rutger's shit.

I’m wet.

Dirty dick is Ana Kasparian without the plastic surgery. It makes so much sense.

[Hastur]

LOL

[Fife]

Cucker found an even bigger anti-capitalist than himself. Spicy!

[Speaker to Animals]

Shekel cucks are so upset when Mammon gets criticized. LMFAO