
Plutocrats: The Rise of the New Global Super-Rich and the Fall of Everyone Else (Chrystia Freeland)
The Worthy House (Charles Haywood)
00:00
Rent Seeking in the Market
Most plutocrats loathe the market and want to use government or other anti competitive means to line their pockets. The real problem, which Freeland only touches on in passing, is regulatory and legislative capture. Most social mobility is not result of government institutions hampered by antpenurialism; it's a result of those who don't pay enough taxes.
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