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usonian

(25,056 posts)
4. It's called rent seeking
Sat Mar 21, 2026, 09:58 PM
17 hrs ago

Here's an explainer.
https://www.investopedia.com/terms/r/rentseeking.asp#toc-the-bottom-line

Wikipedia is kind of dry, even for me, on the topic.
https://en.wikipedia.org/wiki/Rent-seeking

Short of it:

The term “rent” in rent seeking is based on the economic definition of “rent,” which is defined as economic wealth obtained through shrewd or potentially manipulative use of resources. That said, it’s possible for landlords to engage in rent-seeking behavior.
The Bottom Line

Rent seeking is an economic practice where individuals or businesses aim to increase their wealth without contributing to society's overall value, often undermining market efficiency. Common examples include lobbying for government subsidies, grants, or regulations that favor certain companies over competitors.

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