• SCB@lemmy.world
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      10 months 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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          10 months 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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            10 months 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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              10 months ago

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