enbyecho
@enbyecho@lemmy.world
- Comment on I'm pretty sure all of us have given up on any boomer giving us anything anyway 7 hours ago:
Worth repeating:
Remember, there’s not an age war, there is a class war.
- Comment on Vomit-inducing article about Jeff Bezos’s obscene wealth 2 days ago:
I bet Bozos is absolutely livid about not “investing” in a presidency. He can brag about his yachts all he wants but can he say he bought a president? NoOoOo!
- Comment on "You can't have our trash because we don't have a way to charge you for it" 3 days ago:
What you are told on the phone and what will actually happen in the store are two completely different things.
- Comment on "You can't have our trash because we don't have a way to charge you for it" 3 days ago:
It almost certainly is.
- Comment on It's 54 degrees Fahrenheit (12 Celsius), raining moderately hard, the rain is cold, and there's a guy blowing around wet leaves with a leaf blower. What the hell is the obsession with leaf blowers? 5 days ago:
You are overlooking the pollution the emit while running, which is considerable, especially 2-stroke ones. A gas leaf blower used for an hour emits the same air pollution as driving 1,100 miles (source).
And the fact that that oil has to be changed periodically. They also have many plastic parts AND small engines have a notoriously high failure rate when used with ethanol fuels.
Meanwhile, the electric motors in battery ones basically run forever and properly cared for the batteries last many years, after which they can be recycled.
- Comment on It's 54 degrees Fahrenheit (12 Celsius), raining moderately hard, the rain is cold, and there's a guy blowing around wet leaves with a leaf blower. What the hell is the obsession with leaf blowers? 5 days ago:
Username checks out.
- Comment on Looking for answers 1 week ago:
“Do you want to be next? DO YOU?”
- Comment on Or Polio. Guess we should invest in iron lungs. 1 week ago:
Seems like the sort of thing that would leave some people parallelized.
- Comment on Or Polio. Guess we should invest in iron lungs. 1 week ago:
Do they play polio there?
- Comment on When leftists say "landlord are parasites" or similar dislike of landlords, do they also mean the people that own like a couple of houses as an investment, or only the big landlords? 1 week ago:
Sure thing, parasite.
- Comment on Or Polio. Guess we should invest in iron lungs. 1 week ago:
You’ve never been to Alabama, have you?
- Comment on Or Polio. Guess we should invest in iron lungs. 1 week ago:
I’m rooting for the Polio. Those cute hats and little sticks and you get to ride around at a full gallop and then drink gin & tonics afterward.
- Comment on When leftists say "landlord are parasites" or similar dislike of landlords, do they also mean the people that own like a couple of houses as an investment, or only the big landlords? 1 week ago:
… there will always be a segment of the population that will only act when incentivized
I’d argue that this is true of all the population but with the stipulation that “incentives” do not need to be monetary. I completely agree that capitalism is not human nature and feel that we’ve essentially brain-washed people to believe that money and material possessions are the reward when in fact it’s all the other things in life that actually matter. I believe that this thinking, which had lots of good reasons for existing during times of scarcity and paucity of resources, can be undone eventually. I think in a post-scarcity world (I’d argue we’re there) where it is normal for people to live fulfilled lives in significant comfort free from financial and work stress those few people who can’t shake the need to competitively accumulate will be rare indeed.
Until then we have a huge problem: we have too much highly efficient prosperity for capitalist models to make any sense at all.
Yes, I’m thinking of fully automated luxury communism.
- Comment on When leftists say "landlord are parasites" or similar dislike of landlords, do they also mean the people that own like a couple of houses as an investment, or only the big landlords? 1 week ago:
Well yeah, taxes. But…
The US government’s priorities simply lie elsewhere.
No, the American people’s priorities. And until that changes, we’re dead in the water
- Comment on When leftists say "landlord are parasites" or similar dislike of landlords, do they also mean the people that own like a couple of houses as an investment, or only the big landlords? 1 week ago:
Ah, I see. You really just want to hear yourself talk and are too intellectually lazy to engage with anyone else’s ideas.
- Comment on When leftists say "landlord are parasites" or similar dislike of landlords, do they also mean the people that own like a couple of houses as an investment, or only the big landlords? 1 week ago:
So capitalism is “ok”… sometimes?
If investments in stocks is “just as much capitalist behavior” then what makes investments in real estate somehow worse? Because you could literally be investing in companies that, as an example, seek to privatize access to water or healthcare or other things I would consider basic human rights just as much as housing. At a minimum all companies exploit the labor of their workers in parasitic ways.
“feels a little less negative on the working class” is highly subjective. I can personally see no difference between owning real estate and renting it out vs investing in companies that exploit people in other ways. Many capitalist activities that you could invest in have extremely far-reaching and long-term adverse effects, some very direct, such as use of fossil fuels.
So quite literally it feels like many complain about landlords as a kind of bogey man while the chemical plant down the road is giving their kids brain damage and another is denying them basic health care.
- Comment on When leftists say "landlord are parasites" or similar dislike of landlords, do they also mean the people that own like a couple of houses as an investment, or only the big landlords? 1 week ago:
In a circular or planned economy, those aren’t really significant measures,
Ok, sure - you just said “different” and did not specify.
As mentioned in the last reply, the Palace of Knossos, as well as the Petra were marvels of craftsmanship and engineering, staggering investments,
That involved massive exploitation and slave labor. And let’s not forget significant taxation, looting, etc.
You comparing them with modern construction methods necessitated by capitalism
I’m comparing them because I’m making the point that profit, price pressures and inflation obviously arise when private entities make huge capital investments.
So now that you’ve actually specified “different” as meaning non-capitalist systems, it leads me to wonder if you thought King Minos sought out volunteers… or did he pay everyone fairly? Are you really using “public” works built under autocratic rule as positive examples we can replicate?
- Comment on When leftists say "landlord are parasites" or similar dislike of landlords, do they also mean the people that own like a couple of houses as an investment, or only the big landlords? 1 week ago:
First up, so it’s clear, I actually agree with you. But I also don’t think this is an easy thing.
If you’re aware of public and social housing then why are you asking how community ownership and management works?
Because there is a hiccup in your logic as far as I can discern it.
On the one hand you say: “of course all rental housing should be publicly owned.”
And on the other, “I’m not certain that all housing should be public”
So how does that work?
- How does the housing become public? That’s trillions of dollars worth of property. I actually got the figure of US$7 quadrillion but I don’t believe it. What’s more, 70% of the 19.3 million rental properties in the US are owned by individual investors, meaning you’d have to either confiscate or buy from millions of individuals. I mean, it wouldn’t make sense to just build all this housing if it’s already there. Maybe a combination? But where on earth does that money come from? And how do you convince people invested in a $1.4 trillion market to give up that income?
- So let’s say somehow #1 happens over some period of time. How then do you meet ongoing demand? I get what your saying - there are examples of this working (for some values of “work”) on a small scale but over the entire rental market?
- If the public via governments has paid for all this housing at current prices, how do we then ensure rents are low? Over time yes, we can forgo all but the bare minimum rent increases to match inflation, but initially we have to foot the bill somehow. Because presumably that money has to be borrowed and we have to pay interest on it on top of ongoing maintenance, etc - there are real costs involved.
- Comment on When leftists say "landlord are parasites" or similar dislike of landlords, do they also mean the people that own like a couple of houses as an investment, or only the big landlords? 1 week ago:
Indeed. And it’s been fascinating to see the logical inconsistency of “landlords bad but capitalism good”.
- Comment on When leftists say "landlord are parasites" or similar dislike of landlords, do they also mean the people that own like a couple of houses as an investment, or only the big landlords? 1 week ago:
So tl;dr investment can be for good or can be for ill. I’d argue any investment ends up prioritizing profit over any ethical concerns no matter what they say. As you say, in essence: Profit motive does that. Venture capital demands it.
- Comment on When leftists say "landlord are parasites" or similar dislike of landlords, do they also mean the people that own like a couple of houses as an investment, or only the big landlords? 1 week ago:
The abhorrent behavior is buying multiple houses and charging rent that is high enough to not just cover mortgage and maintenance but also turn a large profit, enough to where you can live entirely off of it at the expense of your tenants.
I would certainly agree with that. But those actions also perfectly describe any capitalist behavior. And it’s that inconsistency in views that I’ve been poking at here. Some want to excuse other capital-focused actions as acceptable but then condemn real estate as though somehow that’s different. To me both are essentially exploitative.
- Comment on When leftists say "landlord are parasites" or similar dislike of landlords, do they also mean the people that own like a couple of houses as an investment, or only the big landlords? 1 week ago:
Profit, price pressures, inflation are not necessarily meaningful terms in a different system.
What exactly do you mean by that?
Homes have been built for many thousands of years longer than we’ve had those as concepts.
If you include cedar bark as a major construction material then sure. Not knocking cedar bark here - it’s great. But not quite the same investment in time or durability.
- Comment on When leftists say "landlord are parasites" or similar dislike of landlords, do they also mean the people that own like a couple of houses as an investment, or only the big landlords? 1 week ago:
I am in a position to be a landlord and choose not to be.
IOW, you are in a position to not need the income. I.e. you could afford the usurious prices for real estate.
- Comment on When leftists say "landlord are parasites" or similar dislike of landlords, do they also mean the people that own like a couple of houses as an investment, or only the big landlords? 1 week ago:
It’s almost like… it’s… a… job. How strange.
- Comment on When leftists say "landlord are parasites" or similar dislike of landlords, do they also mean the people that own like a couple of houses as an investment, or only the big landlords? 1 week ago:
Buying a house as an “investment” is what we call “scalping” in other businesses.
Actually, it’s called capitalism. Buying anything and selling it at a profit increases prices. Strange… but true.
- Comment on When leftists say "landlord are parasites" or similar dislike of landlords, do they also mean the people that own like a couple of houses as an investment, or only the big landlords? 1 week ago:
What constitutes an “investment”?
If you buy a home and have a roommate so you can afford the mortgage is that an investment?
If you buy a home and then sell it down the road for a profit, is that an investment?
- Comment on When leftists say "landlord are parasites" or similar dislike of landlords, do they also mean the people that own like a couple of houses as an investment, or only the big landlords? 1 week ago:
Yes, apparently you are a parasite but not to worry you can afford your mortgage by offering a product or service on a temporary basis, for a fee.
- Comment on When leftists say "landlord are parasites" or similar dislike of landlords, do they also mean the people that own like a couple of houses as an investment, or only the big landlords? 1 week ago:
No sheet.
Ok, so you want all housing to be publicly owned? That would be interesting…
- Comment on Taste the flavor 1 week ago:
That is NOT how you huff gas, man.
- Comment on When leftists say "landlord are parasites" or similar dislike of landlords, do they also mean the people that own like a couple of houses as an investment, or only the big landlords? 1 week ago:
Oh yes it does.
We’ve increased the available supply of drinking water overall.
And then you charge up the wazoo for a basic human right.
On the other hand when you live in a city where there is a limited supply of housing and you buy that up and rent it back to people at a profit so that you don’t have to work, you are simply draining the system of resources.
Ah. It would appear you believe that somehow buying a property and renting it out does not require financial risk and effort like any other product or service. Renting out housing, despite frequent appearances, requires maintenance and expenses in order to reap a profit. What you are describing would more accurately describe investments in stocks or bonds which do not require anything but capital on your part.
" economists literally use the term ‘rent-seeking’ to describe behaviour"
Except those same economists argue that renting out housing is productive. And that’s not in fact the origin of the term. The classic example, according to the wikipedia is charging money for boats to pass a section of river. The term does not refer to housing, which requires a reciprocal exchange - you build or buy the house and maintain it and in exchange you are paid for it’s use.
To repeat because I have to: I’m not arguing this is good. I’m arguing that a distinction between types of capital investment cannot be made. You can say landlords are universally bad but other types of capitalists are good, universally or otherwise. It’s the same damned thing.