Hacker News new | ask | show | jobs
by bamfly 1062 days ago
> The first capitalists hated rent. They wanted to replace the “passive income” that landowners got from taxing their serfs’ harvest with active income from enclosing those lands and grazing sheep in order to get wool to feed to the new textile mills. They wanted active income — and lots of it.

Locke's argument for private property ownership of land beyond space to live in not being obviously-unjust was built entirely on this: improvement of productivity of land through work and investment. Holding private land to sit on or to wildly under-use wasn't compatible with his ethical justification for private land ownership.

(not that the Second Treatise isn't full of weak reasoning—natural rights as anything "real" rather than arbitrary, LOL—but it's considering one of the top influences on the founders of the US, the founding of which was a major step in the rise of capitalism to global dominance)