Reply to post: It is all about the rent

Govt control? Hah! It's IMPOSSIBLE to have a successful command economy


It is all about the rent

Government is run by rent seekers, it always has been, and it always will be. Rent seekers fund the elections, and have the ears of the legislators. Legislators retire from office to become rent seekers. Legislators families are rent seekers who often transition into Legislators. Every NGO (Non-Government Organization) Red Cross, etc are staffed by the family members of the Legislators, they are rent seekers employed by organized rent seekers. We pay taxes to fund the rent seeker driven machine. I saw that a really big company in my town, one of the Dow 30 installed a few acres of solar panels. You guessed it, most of the money came from the government meaning that this large company like most all large corporations are somehow in the business of rent seeking.

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