• SCB@lemmy.world
      link
      fedilink
      arrow-up
      0
      ·
      edit-2
      1 year ago

      Shareholders provide economic value (it’s literally in the name) and are not rent-seeking by definition

        • SCB@lemmy.world
          link
          fedilink
          arrow-up
          0
          ·
          edit-2
          1 year ago

          Shareholders are key investors and are the principal drivers of M&A and infrastructure investment.

          Disagreeing with the idea that companies exist to drive shareholder returns does not change the actual purpose of shareholders, nor suddenly cause them to be rent-seekers.

          • nednobbins@lemm.ee
            link
            fedilink
            arrow-up
            0
            ·
            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”.

            • SCB@lemmy.world
              link
              fedilink
              arrow-up
              1
              ·
              1 year ago

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