tag:blogger.com,1999:blog-3758330678390419129.post2886590414601721436..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Walter Block On the Intellectual War PathRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-3758330678390419129.post-54210751875317470982016-04-25T23:15:21.813-04:002016-04-25T23:15:21.813-04:00Anyone who cares about popular understanding must ...Anyone who cares about popular understanding must stop using the word capitalism, a slur coined by Karl Marx. He should use instead or explain that capitalism means "individual freedom to work, cooperate, and exchange". (I'm open to better wording.)<br /><br />About "crony capitalism". The average person interprets this as a flavor of capitalism. Instead, we should speak Andrew_M_Garlandhttps://www.blogger.com/profile/02855052302054611917noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-84927299897324894802016-04-25T16:27:58.113-04:002016-04-25T16:27:58.113-04:00Same thing with the "Estate Tax." It is ...Same thing with the "Estate Tax." It is better described as the "Grave Robber Tax." Unknownhttps://www.blogger.com/profile/07940508160494980510noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-83071054388825569602016-04-25T15:48:47.456-04:002016-04-25T15:48:47.456-04:00I totally agree with this. I remember being surpri...I totally agree with this. I remember being surprised, when first coming across the term, that "rent seeking" was considered a bad thing. I think I prefer "plunder" to "loot", but that's nit-picking.Dwighthttps://www.blogger.com/profile/15603153065912441315noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-27469845626344969162016-04-25T15:35:45.015-04:002016-04-25T15:35:45.015-04:00David Henderson wrote about this here: http://www....David Henderson wrote about this here: http://www.econlib.org/library/Enc/RentSeeking.html. <br /><br />He suggests "privilege seeking" instead of "rent seeking."<br /><br />I prefer that to "loot seeking" because the public often equates law with morality. The talking heads do it all the time when its to their benefit. Hence, the opinion makers can easily scoff at Stuffed Pimentohttps://www.blogger.com/profile/03631687618198640700noreply@blogger.com