Contracts keep you to extract value. Mature economies have more efficient rent e... | Hacker News

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branchless on May 16, 2016 | parent | context | favorite | on: Campaign demands telecoms unlock the FM radio foun...

Contracts keep you to extract value. Mature economies have more efficient rent extraction. That is why growth stalls.

xkiwi on May 16, 2016 [–]

Contracts bind you and the services with a fixed price, regardless on the value and emerge competitors.

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