Re:Ask HN: Why Did Medium.com “Fail"?
by anigbrowl on Friday February 10, 2023 @06:11PM
(#34747293)
This is just a cool-sounding wrapper on the much older concept of rent-seeking, which has a solid theoretical literature behind it. Doctorow seems to specialize in this.
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it's more like a specialisation of "rent-seeking" when applied to this particular case and pattern. nothing wrong with inventing a more specific term when the pattern behind it gets common enough.