Rent-seeking politicians exist in any political system. The problem are in the rules of the game.
atcorebcor
Its not just the demand, its also monopoly or duopoly of suppliers. These suppliers prevented competition by making sure they are the only ones allowed by students to use.
You’re right, but this benefits rich content creators at the cost of new ones creating more income inequality in the content creation business.
Yeah that doesn’t take away from how they shouldn’t be. The only reason they are expensive is because we are not responding to the rising demand because regulation prevents it causing speculation exacerbated by mortgage subsidies.
I live in a European capital, and house prices have outpaced wages a long time ago.
What makes you think people with degrees can afford a house by 30?
The only reason housing, an otherwise depreciating asset, can become an investment is through land scarcity (to be solved with land value taxes) and through housing scarcity (created with policy such as height restrictions, “green” belts, and difficult building permit processes)
To be able to create any art I have in my imagination in seconds exactly how I imagine. Videos, photos, sculptures, etc.
I think everyone who downvoted you didn’t get the joke 😂
That fair
Not every job needs someone to cover. My work is about deadlines. As long as I meet them, I can work whenever and wherever I want aside from meetings and work events.
Any politician who has been “regulatorily captured”. https://en.wikipedia.org/wiki/Rent-seeking
Joseph Stiglitz have made a convincing argument that inequality can entirely be explained by rents. That without rents (coming from monopoly power, companies influencing politics, private ownership of land) we will not see rising inequality. Which suggests that we can prevent excessive inequality with anti trust laws, land value taxes, and heavier protections against political regulatory capture.