This is a ridiculous mix of statements! I don't care how many people have 'supercomputer' in their pockets. On other hand homelessness is rampant in USA/Canada and that's a major fail of the capitalism.
>On other hand homelessness is rampant in USA/Canada and that's a major fail of the capitalism.
Meanwhile in capitalist China[1], they're so great at building homes that there are entire cities with barely anyone living in them, "ghost cities". Insofar as a tight housing market contributes to homelessness, it's clear that it's caused by US/Canada specific factors (eg. NIMBYism, building codes, and environmental regulations) than capitalism.
[1] Even though ostensibly it's "socialist with chinese characteristics", for all intents and purposes the real estate sector is capitalist.
Meanwhile in capitalist China[1], they're so great at building homes that there are entire cities with barely anyone living in them, "ghost cities". Insofar as a tight housing market contributes to homelessness, it's clear that it's caused by US/Canada specific factors (eg. NIMBYism, building codes, and environmental regulations) than capitalism.
[1] Even though ostensibly it's "socialist with chinese characteristics", for all intents and purposes the real estate sector is capitalist.