"Rentier Capitalism"

"Rentier capitalism ...refers to a type of capitalism
where a large amount of profit-income generated
takes the form of property income, received as interest,
intellectual property rights, rents, dividends, fees, or capital gains.
The beneficiaries of this income are a property-owning social class who,
it is argued, play no productive role in the economy themselves
but who monopolise the access to physical assets,
financial assets, and technologies.

They make money not from producing anything new themselves,
but purely from their ownership of property
(which provides a claim to a revenue stream)
and dealing in that property.

Often the term rentier capitalism is used with the connotation
that it is a form of parasitism or a decadent form of capitalism."


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