|
> If you agree to something, you are not a victim, you are a participant. If you cannot give informed or willing consent, you are not a participant, you are a victim. Impenetrable, hard to read terms are not informed consent, particularly when the terms are in a contract of adhesion. > Don’t like the mortgage process? Don’t get a mortgage. Pay cash, or rent. Couple of points here. First, I take it you've never read a modern leasing contract. In most jurisdictions, especially where the large corporate landlords have almost entirely conquered the market, they are just as opaque. Landlord associations promulgate so-called "standard leases" that contain myriad difficult to comprehend terms. > The world doesn’t owe you the exact terms you want. That’s not the fault of capitalism Perhaps it does not, but yes, it is the fault of capitalism. When all of the participants in a market operate in virtually identical ways because the optimal path, under capitalism, is to legalese first and ask questions later, that is absolutely a failure caused by the capitalistic system. It all stems from the idea that, under capitalism, an individual or group's highest and best course of outcome is to feverishly grab for every single available resource to hoard it against use by others. Along the way, some of those resources are (often temporarily) lent out at an inflated rate to ensure that more resources are grabbed. This works fine when it comes to a mobile phone device or a book or a toy. Those are optional, often called "luxury", goods that we can leave or take as we desire. Housing, water, food, transportation, energy; we need all of these to live as humans, yet that's where capitalism extracts its most gains because the more desperate someone is for one of these, the more resources they will throw in to fill the need they must fill. |