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The problem of rent
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Social and Economic Geography.
2019 (English)In: Critical Historical Studies, ISSN 2326-4462, Vol. 6, no 2, p. 303-323Article in journal (Refereed) Published
Abstract [en]

With rentier dynamics playing an increasingly central role in the economy across much of the advanced capitalist world, critiques of rent, the rentier, and rentierism have been gathering a head of steam. For the majority of critics of rentierism, it appears that the central problem of rent, and the reason we should be critical of it, is that it represents "unearned" income. In this critical reflection, I question this critique and, in its place, advance an alternative conceptualization of the problem of rent, centered not on the degree to which rent is or is not "earned" but rather on the monopoly power that the rentier, by her nature, enjoys, and which, I argue, substantially accounts for two of rentier capitalism's negative features: low levels of innovation and high levels of worker exploitation.

Place, publisher, year, edition, pages
2019. Vol. 6, no 2, p. 303-323
National Category
Economics
Identifiers
URN: urn:nbn:se:uu:diva-399627DOI: 10.1086/705396ISI: 000499226300006OAI: oai:DiVA.org:uu-399627DiVA, id: diva2:1378761
Available from: 2019-12-13 Created: 2019-12-13 Last updated: 2019-12-20Bibliographically approved

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Christophers, Brett

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