• SCB@lemmy.world
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    1 year ago

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

      • SCB@lemmy.world
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        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
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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”.

          • 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.