Noun
(economics) the theory that a person or firm seeks to make money by manipulating the economic environment rather than by making a profit through production or trade
Source: WordNetrent seeking
Corporations do not pay taxes, they collect them, passing the burden to consumers as a cost of production. And corporate taxation is a feast of rent-seeking - a cornucopia of credits, exemptions and other subsidies conferred by the political class on favored, and grateful, corporations. George Will
But for the last five years at least, the policy has existed only on paper and is now being enforced sparingly by rent-seeking government officials who punish shop owners for opening for businesses before the prescribed 10 am mark. Source: Internet
Another major claim is that much of political activity is a form of rent-seeking which wastes resources. Source: Internet
“A revelatory confrontation between two forms of 'surplus liquidity': the rent-seeking excess of circulating global capital and the more literal liquidity of the rising tides of climate change. Source: Internet
I don’t think that would be in the larger interest of the country’s peasantry, as repealing would mean bringing back controls, licence raj and the resultant rent-seeking. Source: Internet
Insurance industry and rent-seeking Certain insurance products and practices have been described as rent-seeking by critics. Source: Internet