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by toomuchtodo 1784 days ago
Without regulation, capital will strangle society and the future to squeeze whatever returns can be juiced from both. This is to be expected with secular stagnation [1].

[1] https://en.wikipedia.org/wiki/Secular_stagnation

1 comments

Making housing stagnant and expensive is a popular initiative waged against capital.
Ahh, but you can make housing accessible without making it expensive, using policy. People have rights, capital does not.
Aren't you usually the first to point out how people who don't currently own houses somewhere, don't have rights?
I point out the observation of current state, absolutely. I also believe in and contribute to progressive policies and candidates (respectively) who will hopefully improve the situation through policy. Please don’t interpret my analysis and understanding of a system as an endorsement of it. What is the point of property and capital if the outcome is dystopian and feudal?

Both people and systems are complex and not boiled down to binaries. Thanks for getting to know me a bit more!

That’s fair, I apologize for misattributing your position.

I just can’t shake the perception that the more power there is in local, bottoms up, grassroots democracy, the less housing (and transit, and everything else) there will be. Seems like we only got what we have because communities weren’t empowered enough, back then, to hold back capital.