The problem with this argument (when it’s used against capitalism) is that rent-seeking is fixed by more capitalism, at least when we don’t mean capitalism that’s made out of straws. It’s fixed by competition, transparency and fewer opportunities for lobbying. In other words, a smaller, more pro-markets governments.
Whatever. I don’t agree with you but that’s not the point. My point was that you can’t dismiss people making criticism about rent seeking as if they’re naive, as you did
The problem with this argument (when it’s used against capitalism) is that rent-seeking is fixed by more capitalism, at least when we don’t mean capitalism that’s made out of straws. It’s fixed by competition, transparency and fewer opportunities for lobbying. In other words, a smaller, more pro-markets governments.
Whatever. I don’t agree with you but that’s not the point. My point was that you can’t dismiss people making criticism about rent seeking as if they’re naive, as you did