I think my favorite was the one that came in here hoping to get a rise out of us by saying “death to landlords”. I mean, definitely 3edgy5me, but otherwise yes, landlords bad? I feel like that sentiment could win a majority vote here.
It’s so ridiculous because the majority of things they believe are nonoffensive or agreeable to the left broadly, but they are SO. GODDAMN. INSISTENT. on throating authoritarian cocks that they are absolutely intolerable as political allies.
This. They believe in a lot of the things we do but don’t want to believe their heroes are fucking monsters. Their unwavering support of the trans and gay communities is great, but Marx help you if you bring up the USSR and CCP didn’t take kindly to them. They could be allies to other leftists but end up being insufferable.
When even the capitalists can see that rentseeking is bad for the economy, I’m not sure why we have to fight over it all the time. Classic case of zealots not reading their own literature I guess.
Rent seeking in classical economics is about monopolists abusing their market position. I’m sure there are some monopolistic landlords but doubt it’s the average case.
The rent of the land, therefore, considered as the price paid for the use of the land, is naturally a monopoly price. It is not at all proportioned to what the landlord may have laid out upon the improvement of the land, or to what he can afford to take; but to what the farmer can afford to give.
I’m not sure even Adam Smith of all people agrees with you
A monopoly is not necessary, just enough influence to affect policy. The biggest landlords are some of the most abusive and manipulative, and engage in much lobbying. Their collusion is part of why housing costs so much, and the government refusing to investigate it is due to their lobbying. Literal rentseeking lol, but yes I’m aware the word isn’t usually so straightforward.
I like this definition:
Rentseeking is an economic concept that occurs when an entity seeks to gain added wealth without any reciprocal contribution of productivity.
I think my favorite was the one that came in here hoping to get a rise out of us by saying “death to landlords”. I mean, definitely 3edgy5me, but otherwise yes, landlords bad? I feel like that sentiment could win a majority vote here.
It’s so ridiculous because the majority of things they believe are nonoffensive or agreeable to the left broadly, but they are SO. GODDAMN. INSISTENT. on throating authoritarian cocks that they are absolutely intolerable as political allies.
This. They believe in a lot of the things we do but don’t want to believe their heroes are fucking monsters. Their unwavering support of the trans and gay communities is great, but Marx help you if you bring up the USSR and CCP didn’t take kindly to them. They could be allies to other leftists but end up being insufferable.
Adam Smith, Father of Capitalism: “Death to landlords”
When even the capitalists can see that rentseeking is bad for the economy, I’m not sure why we have to fight over it all the time. Classic case of zealots not reading their own literature I guess.
Rent seeking in classical economics is about monopolists abusing their market position. I’m sure there are some monopolistic landlords but doubt it’s the average case.
I’m not sure even Adam Smith of all people agrees with you
Good quote thanks. I suppose he refers to the specific plot of land being rented. Still, I’m just telling what I learned in my economics a-level.
A monopoly is not necessary, just enough influence to affect policy. The biggest landlords are some of the most abusive and manipulative, and engage in much lobbying. Their collusion is part of why housing costs so much, and the government refusing to investigate it is due to their lobbying. Literal rentseeking lol, but yes I’m aware the word isn’t usually so straightforward.
I like this definition:
I like the definition too. Use of power to gain an advantage.
I sued my landlord, do I get a banana sticker from hexbear?
pretty much sums it up