Comment on No one really understands our struggle
CosmicCleric@lemmy.world 1 year agoApparently I pissed off ChatGTP.
Sorry, a rental is a rental is a rental.
You’re letting somebody else use your thing for a while and in return they pay you some money for the usage.
Doesn’t matter how scarce or not the thing is, the fact that it’s being borrowed for money makes it a rental.
Doesn’t matter how much you try to obfuscate that fact with the extra verbiage you are spouting.
archomrade@midwest.social 1 year ago
Lol, it probably sounds like chatgpt to you because it is textbook economic theory.
It doesn’t matter how deep you stick your fingers in your ears and try not to hear it, rent and economic rent are very different for very good reasons. That you’re limited to just the one word “rent” isn’t really my problem. Economic rent is (justifiably) considered the most pernicious form of profit by economists of all types.
You can gracefully exit this argument by admitting you don’t know what you’re talking about, I don’t shame you for it.
CosmicCleric@lemmy.world 1 year ago
Since you’re dodging the point I made, I’m just going to agree to disagree, and move on.
archomrade@midwest.social 1 year ago
That rent is rent with no distinctions? I think I addressed that actually, did you miss the point about rent != economic rent?