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The article examines the collapse of business models based on economic rent-seeking, extracting profits without creating real value. The author discusses how changing market and technological conditions make traditional value-extraction methods increasingly ineffective. The text critiques economic practices relying on monopolization and speculation.

Article URL: https://geohot.github.io//blog/jekyll/update/2026/02/26/the-last-gasps-of-the-rent-seeking-class.html Comments URL: https://news.ycombinator.com/item?id=47543201 Points: 9 # Comments: 2