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Reminds me of the subreddit r/austrian_economics in a nutshell. Even if you are not saying capitalism is bad, but merely pointing out where laissez faire capitalism is not nearly as good as advertised will get you branded a communist. Like tankies, but for capitalism.
God, the Austrian Cult of Economics is bizarre. My favorite part is where they explicitly reject evidence, conceptually (‘praxeology’).
Love that one. “Evidence disagrees with our theories? Don’t worry, we have a theory for that! It’s actually the evidence that’s wrong.”
Generally, you shouldn’t brag that your theories are unfalsifiable.
Austrian economics is to economics what flat earth is to physics. Really anything useful that austrians contributed has made its way into modern econ101; everything else got left behind, so it is curious why someone wants to keep the school (its not but its a good rhetorical question)
I do love to ask them what government regulations forced xyz company to do this or that unethical thing that they have a monetary incentive todo. Its a whole missing the forest for the trees kind of discussion.
So, what you’ve realised is no matter what ism or where, people are idiots and love tribes.
Not trying to defend landlords but rent seeking is not what landlords do by default. Rent seeking is oddly enough not the same as trying to rent something for use.
Rent seeking is going to extra effort or expense to disallow use of something that would normally be usable without extra cost. So if a landlord installed locked shutters on the windows and charged you extra to remove them for a delux view that would be rent seeking.
Again not defending landlords. It’s just a ergonomic term that doesn’t mean what it sounds like it means.
Not all rental is rent-seeking behavior, but landlords as a class almost always engage in rent-seeking behavior. Rent-seeking is not necessarily about allowing or disallowing, but about extracting wealth without commensurate improvement in productivity or value that would justify it.
