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April 24, 2015

The Rentier Class has no plight. They are the winners.

Rentiers have locked in complete economic security and no longer need to do unpleasant work in order to survive.

Examples of rentiers include: Cashed out entrepreneurs, Wall Street types who banked their salary and now no longer need to work, small business owners who have grown a profitable business that now runs itself, super star athletes who invested their earnings well, etc.
The rentier class is not limited solely to those who have amassed independent wealth. I count as rentiers tenured professors who love their jobs and who can pick their own research topics. A staff engineer at Google who can pick and choose projects might also count as a rentier. Great Problems: The Economic Classes and their Respective Plights

Posted by gerardvanderleun at April 24, 2015 7:12 PM. This is an entry on the sideblog of American Digest: Check it out.

Your Say

My uncle Louie Lozko, we all called him "Letsgo Lozko", he raised bantam chickens. He was one of the first rentiers in the Chicago area. In later years he rented out his coops to young chicken ranchers just getting started.

Posted by: chasmatic [TypeKey Profile Page] at April 27, 2015 5:59 AM

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