Cheatcode Capitalism. Seeking to increase one's share of existing wealth without creating new wealth is rent-seeking. Most examples are predicated on government manipulation. We need a new word for rent-seeking that doesn't involve government. What are some good examples?
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- Frivolous litigation by an established company against a cash-poor innovator. - Buying your competition and then raising prices. - Selling "Cash-now" to unsophisticated people.
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Replying to @Molson_Hart
You might like this blog post from
@swardley https://medium.com/@swardley/embedded-in-memory-b05b0e7c183f … He calls this "Lawful Evil gameplay"1 reply 0 retweets 4 likes -
I did like it. What's the story with this series of articles from this author?
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Replying to @Molson_Hart @swardley
Hey Molson! Simon is an ex-CEO that was struggling to cope with the change around him and found the strategy tools to be useless.. He felt down the rabbit hole and developed a new technique for business strategy called Wardley Mapping. Overview:https://www.youtube.com/watch?v=NnFeIt-uaEc …
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Cool will watch. This happens rarely, so I will say: Ma mere est quebecoise.
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