• nednobbins@lemm.ee
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    1 year ago

    You brought an economics argument to a rage thread. OP isn’t making a technical claim when they say “rent seeking behavior”, they’re angry and using it as a synonym for “greedy people”.

    • hark@lemmy.world
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      1 year ago

      Some jackass buying a bunch of shares that were already issued and then flipping them for a profit isn’t doing shit other than enriching themselves. You might as well argue that scalpers are important. Oh wait, I have seen that brain-dead argument with “pRoViDeS LiQuIdItY!!1”

    • TotallynotJessica@lemmy.world
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      1 year ago

      Ah yes, the people are angry about things they have every reason to be angry about. Thank goodness someone used a shallow pseudointellectual argument that glosses over basic truths!

      • SCB@lemmy.world
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        1 year ago

        People are angry about things they don’t understand.

        Case in point, the poster above you:

        Some jackass buying a bunch of shares that were already issued and then flipping them for a profit

        Thats… not a shareholder.

    • SCB@lemmy.world
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      1 year ago

      I don’t tilt at these windmills for the people arguing nonsense, but for people scrolling by.