|
|
|
|
|
by sidewndr46
35 days ago
|
|
but what's the difference between 'productive' and 'extractive'? Clearing huge swaths of land for agriculture is highly productive, in terms of making crops. Likewise irrigating huge swaths of arid land for agriculture is also highly productive. Are those 'extractive' or not? |
|
Big land owners / PE / ... cornering all the available agricultural land / needed supply chain / economies of scale etc etc to extract more and more value of Scarce resource that has already been optimized is extractive.
The thing is that the word extractive makes it hard to have a good debate because pure extraction is rare (aka no need to add any extra labor to have the possesed "good" maintain or exceed its value vs inflation...
Personally in general I would prefer more usage of the word rent seeking (aka legally and finite resource captured market) and others.
As the current biggest problem in most countries in the world is housing and its cost for those who are renting and without any (realistic / statistical...) hope of ever entering the owners side that seems like something worth talking / voting for.
(I can get my beef from brazil / australia / ... But i can't get my land from there while living here.)