Australia beware, rent-seeking is a term you may have to look up if your life path has yet to cross the discipline of political economics. It’s when a group, the rent-seekers, manipulate society’s systems to give themselves an unfair advantage with society’s assets, at little cost to themselves.
Why is New Zealand progressively introducing national legislation which promotes and condones rent-seeking based on genetic origin, aka heredity? Water services legislation with a controversial genetic bias in its governance is currently transiting the Kiwi Parliament, while legislation segregating healthcare provision based on genetic origin was passed last year.
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