News for hackers. Stuff that matters.

A comment on What happens when a culture is driven by the need for money to make more money. Parent comment

Re:What happens when a culture is driven by the need for mon... by zo1 on Wednesday November 11, 2015 @03:55PM (#10549206)
Well, are his ideas/comments/arguments valid or invalid? Or are you simply dismissing it because it's too-similar to a line of thinking that is often popularized by a single book?
[ Parent | on HN ]
Re:What happens when a culture is driven by the need for mon... by drumdance on Wednesday November 11, 2015 @05:49PM (#10549964)
Lots and lots and LOTs of sectors are heavily regulated, which leads to rent seeking which leads to protectionism, either via foreign trade barriers or just making it bureaucratically difficult for competitors to enter (i.e. Uber getting flack from municipalities).

For a long time the rent-seeking was done by unions, but these days its more commonly done by corporations.

[ Parent | on HN ]