- Rentier capitalism
Rentier capitalism is a term used in
Marxism andsociology which refers to a type ofcapitalism where a large amount of profit-income generated takes the form of "property income", received asinterest ,rents , orcapital gains .The beneficiaries of this income are a property-owning
social class who 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 adecadent form of capitalism.ee also
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Rentier state References
* Robert Pollin, "Resurrection of the Rentier", in "New Left Review" 46, July-August 2007, pp. 140-153
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