Survey says... *bzzzzt* Sorry, that's the wrong answer. You keep trying to confuse the issue. Labor cannot rent seek what it is INHERENTLY OWED. You write a book or invent a gadget, you have the book and the gadget. Me making a copy isn't the same as stealing either.
-
-
Yeah, that's pretty persuasive.
-
I don’t see it as such. He hasn’t demonstrated labor recovering the full value of its labor is the same as rent seeking.
- Show replies
New conversation -
-
-
After all, wages are just the price of labor, and an efficient market wage is by definition a slave wage (the lowest amount someone can get away with paying you where it's still possible for you to work)
-
There's a lot of stuff that completely and totally fits the straightforward definition of rent seeking that I think is justifiable A union enforcing a closed shop, for instance (which is a "monopoly on labor")
- Show replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.