The key is to somehow find a way of tackling rent-seeking, crony

The key is to somehow find a way of tackling rent-seeking, crony

22/09/2025
17/10/2025

The key is to somehow find a way of tackling rent-seeking, crony capitalism, and corruption - legal and illegal - and build fairer, more equal society without compromising innovation or entrepreneurship.

The key is to somehow find a way of tackling rent-seeking, crony
The key is to somehow find a way of tackling rent-seeking, crony
The key is to somehow find a way of tackling rent-seeking, crony capitalism, and corruption - legal and illegal - and build fairer, more equal society without compromising innovation or entrepreneurship.
The key is to somehow find a way of tackling rent-seeking, crony
The key is to somehow find a way of tackling rent-seeking, crony capitalism, and corruption - legal and illegal - and build fairer, more equal society without compromising innovation or entrepreneurship.
The key is to somehow find a way of tackling rent-seeking, crony
The key is to somehow find a way of tackling rent-seeking, crony capitalism, and corruption - legal and illegal - and build fairer, more equal society without compromising innovation or entrepreneurship.
The key is to somehow find a way of tackling rent-seeking, crony
The key is to somehow find a way of tackling rent-seeking, crony capitalism, and corruption - legal and illegal - and build fairer, more equal society without compromising innovation or entrepreneurship.
The key is to somehow find a way of tackling rent-seeking, crony
The key is to somehow find a way of tackling rent-seeking, crony capitalism, and corruption - legal and illegal - and build fairer, more equal society without compromising innovation or entrepreneurship.
The key is to somehow find a way of tackling rent-seeking, crony
The key is to somehow find a way of tackling rent-seeking, crony capitalism, and corruption - legal and illegal - and build fairer, more equal society without compromising innovation or entrepreneurship.
The key is to somehow find a way of tackling rent-seeking, crony
The key is to somehow find a way of tackling rent-seeking, crony capitalism, and corruption - legal and illegal - and build fairer, more equal society without compromising innovation or entrepreneurship.
The key is to somehow find a way of tackling rent-seeking, crony
The key is to somehow find a way of tackling rent-seeking, crony capitalism, and corruption - legal and illegal - and build fairer, more equal society without compromising innovation or entrepreneurship.
The key is to somehow find a way of tackling rent-seeking, crony
The key is to somehow find a way of tackling rent-seeking, crony capitalism, and corruption - legal and illegal - and build fairer, more equal society without compromising innovation or entrepreneurship.
The key is to somehow find a way of tackling rent-seeking, crony
The key is to somehow find a way of tackling rent-seeking, crony
The key is to somehow find a way of tackling rent-seeking, crony
The key is to somehow find a way of tackling rent-seeking, crony
The key is to somehow find a way of tackling rent-seeking, crony
The key is to somehow find a way of tackling rent-seeking, crony
The key is to somehow find a way of tackling rent-seeking, crony
The key is to somehow find a way of tackling rent-seeking, crony
The key is to somehow find a way of tackling rent-seeking, crony
The key is to somehow find a way of tackling rent-seeking, crony

Host: The night pressed gently against the tall windows of the café, the kind of quiet that seems to hum with thought. The world outside was a blur of headlights and soft city rain — a painting in motion, half dream, half routine. Inside, the light was warm and deliberate, a soft amber glow that seemed designed for conversation that mattered.

At a corner table, Jack and Jeeny sat across from each other — two cups of black coffee between them, untouched but steaming faintly like smoke rising from an old argument. Between them lay a printout of an interview, a single quote circled in pen:

“The key is to somehow find a way of tackling rent-seeking, crony capitalism, and corruption — legal and illegal — and build a fairer, more equal society without compromising innovation or entrepreneurship.” — Angus Deaton

Jack: (leaning back, smirking) Now there’s a sentence with too many words and too little faith.

Jeeny: (softly) Or too much realism.

Jack: (shrugging) Depends on what you call real. You can’t tackle rent-seeking and corruption without strangling the ambition that feeds capitalism. It’s the same bloodstream.

Jeeny: (gently) No. It’s the same body — but not the same heart.

Host: The rain outside began to fall harder, tapping against the window like impatient fingers. The reflection of the city lights shimmered in the glass — distorted, trembling, beautiful.

Jack: (dryly) You really think we can have fairness and innovation in the same room? That’s like trying to grow roses in concrete — noble, but delusional.

Jeeny: (smiling faintly) Maybe. But the rose still tries.

Jack: (grinning) Ah, there’s the poet. Always making metaphors out of structural failures.

Jeeny: (with warmth) And there’s the cynic — always mistaking realism for wisdom.

Host: A faint laugh passed between them — not amusement, but recognition. The candle on their table flickered slightly, as though acknowledging the tension.

Jeeny: (thoughtfully) What Deaton’s saying isn’t utopia. It’s balance. The world runs on tension — between greed and generosity, innovation and exploitation. You don’t erase the tension. You learn how to live within it without letting it rot the system.

Jack: (sighing) And yet, it’s always rot that wins.

Jeeny: (quietly) Only if people stop believing they can clean it.

Jack: (murmuring) Belief doesn’t pay rent.

Jeeny: (softly) No, but it’s what makes the rent worth paying.

Host: Her words lingered — delicate, deliberate. Outside, the rain softened, the rhythm of it now like distant applause. Jack’s eyes dropped to the quote again, tracing the words “legal and illegal corruption.”

Jack: (after a pause) You know what bothers me most? That phrase — “legal corruption.” Like we’ve reached a point where injustice comes with a receipt.

Jeeny: (nodding slowly) Because we legalized immorality the moment we called it efficiency.

Jack: (quietly) The moment we stopped asking if profit was supposed to have a conscience.

Jeeny: (softly) Or if innovation should have ethics.

Host: The air between them felt charged — not heated, but alive, like static before a storm. The candlelight caught the edge of Jeeny’s face, her expression tender but fierce.

Jeeny: (gently) You see, Deaton isn’t trying to destroy capitalism — he’s trying to rescue it. He’s saying we can still have progress without decay.

Jack: (skeptical) You can’t rescue something that’s built on appetite. You just teach it new manners.

Jeeny: (smiling) Maybe manners are enough. Civilization started with manners.

Jack: (raising an eyebrow) And ended with monopolies.

Jeeny: (calmly) Not yet. Maybe that’s the point — it hasn’t ended. The story’s still being written.

Host: A couple at the far table laughed quietly. The sound was distant, harmless — a reminder that the world, for all its chaos, was still full of ordinary joy.

Jack: (leaning forward) You ever notice how every generation thinks it can build a fairer system — and every system just ends up more complicated than the last?

Jeeny: (nodding) Because fairness isn’t a destination. It’s maintenance. Like cleaning a window that keeps gathering dust.

Jack: (softly) So you keep wiping, knowing it’ll never stay clear.

Jeeny: (smiling gently) Yes. Because seeing through it — even for a moment — still matters.

Host: The light outside flickered as a bus passed by, headlights spilling across the window like a brief, luminous wave. The sound faded quickly, replaced again by the steady murmur of rain.

Jack: (quietly) Maybe Deaton’s too optimistic. Maybe “fairer society” and “entrepreneurship” can’t coexist. The system rewards those who find loopholes, not those who close them.

Jeeny: (softly) Then maybe real innovation is closing them.

Jack: (raising an eyebrow) You really think fairness can compete with profit?

Jeeny: (after a pause) Only when profit starts remembering its purpose.

Jack: (skeptical) Purpose? Profit doesn’t have a soul, Jeeny.

Jeeny: (quietly) No. But the people chasing it do. And maybe that’s where Deaton’s hope lives — not in systems, but in individuals refusing to let greed rewrite the rules.

Host: The rain slowed again, each drop distinct now, as if time itself had learned patience. Jeeny’s eyes softened, their light calm and unwavering.

Jeeny: (softly) Think about it — every great shift in history happened when people remembered that “legal” doesn’t always mean “right.”

Jack: (nodding) And that fairness isn’t charity. It’s survival.

Jeeny: (smiling faintly) Exactly. A fair society doesn’t kill ambition — it refines it.

Jack: (after a moment) Maybe that’s what “without compromising innovation” really means. That fairness doesn’t mean stopping the race — it just means running it on level ground.

Jeeny: (quietly) And teaching everyone how to breathe along the way.

Host: The rain had stopped completely now. The street outside gleamed — a thousand reflections of light and movement. The candle between them flickered once more, then steadied, a single, unwavering flame.

Jack: (smiling faintly) So, you think fairness can coexist with competition?

Jeeny: (gently) Only if we remember that competition without compassion isn’t progress — it’s just evolution without humanity.

Host: A long silence followed — not empty, but full. The kind of silence that feels like understanding. The city outside glowed, alive with contradictions: ambition and exhaustion, wealth and want, motion and meaning.

Jack: (softly) Maybe that’s the real challenge — not to destroy the system, but to humanize it.

Jeeny: (smiling) Exactly. To build something that innovates without exploiting, that succeeds without forgetting who it’s meant to serve.

Host: The candlelight shimmered one last time, casting both their faces in warm, equal glow.

And as they rose to leave, Angus Deaton’s words lingered between them — not as an economic theorem, but as a moral blueprint:

That the task of our age
is not to silence capitalism,
but to teach it conscience

to strip ambition of corruption,
to wed innovation with integrity,
and to remember
that a society worth building
is one where success and fairness
breathe the same air.

Angus Deaton
Angus Deaton

British - Economist Born: October 19, 1945

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