"the actual problem isn’t scarcity, or inefficiency, or bad design. The problem is capitalism. Let’s spell it out: Capitalism needs artificial scarcity to work... You think landlords want more housing to be built? Of course not. Flood the market with affordable homes and they lose their grip on rent extraction. Same with developers, they make their margin by building just enough to keep prices high. It’s not a bug, it’s the core business model" -- @witchescauldron
Chris
in reply to Simon Brooke • • •Violet Madder
in reply to Chris • • •As if capitalism needs any more advocates....
witchescauldron
in reply to Chris • • •@chris
In god's world this would be true... in the human world this is the devil's work.
On a less metaphorical view, a perfect free market is an illusion we create so we can keep exploting each other... worth thinking about Evil on this subject and where to find this evil.
hamishcampbell.com/we-dont-nee…
We Don’t Need More Liberal Techno-Utopianism – Hamish Campbell
hamishcampbell.comSimon Brooke
in reply to Chris • • •@chris no, on the contrary. All markets -- always, everywhere -- shift wealth from those who have less to those who have more, for the simple reason that those with surplus can choose when to starve, whereas those with shortage must trade or starve.
Perfect free markets are perfect instruments of oppression. It's all they do.
Simon Brooke
in reply to Simon Brooke • • •i think you'd probably like my thirteen year old essay on the cost of housing.
journeyman.cc/blog/posts-outpu…
On the cost of housing
Simon Brooke (The Fool on the Hill)