Look at this graph:

It might not look like much, but it shows how our economy has been taken over  by rent seekers.

IP, which only makes money to the degree that it is subsidized through government action, has increased by a factor of 5.

Even considering the rise in software as a product, it’s clear that an increasing portion of our economy has been diverted to unproductive rent seeking.

It’s a drag on our economy, and contributes to inequality.