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Some of us believe living in a place, especially a place one was born/grew up, should be a right, not a privilege. Here's Polanyi (with comments from Brad Delon
by Futurebot 10y ago
Some of us believe living in a place, especially a place one was born/grew up, should be a right, not a privilege. Here's Polanyi (with comments from Brad Delong) on land:
"Land could not, in Polanyi's view, be allowed to be the plaything of the self-regulating market for essentially sociological reasons: where people lived determined who they were, and a self-regulating market that told people they could no longer afford to live in the community where they thought they belonged would trigger such a strong sense of communal injustice to spark the chaos of revolution:
Commercialization of the soil was only another name for the liquidation of feudalism which started in Western urban centers as well as in England in the fourteenth century and was concluded some five hundred years later in the course of the European revolutions, when the remnants of villeinage were abolished. To detach man from the soil meant the dissolution of the body economic into its elements so that each element could fit into that part of the system where it was most useful....
Some of this was achieved by individual force and violence, some by revolution from above or below, some by war and conquest, some by legislative action, some by administrative pressure, some by spontaneous small-scale action of private persons over long stretches of time. Whether the dislocation was swiftly healed or whether it caused an open wound in the body social depended primarily on the measures taken to regulate the process....
The inertia of the common law was now deliberately enhanced by statutes expressly passed in order to protect the habitations and occupations of the rural classes against the effects of freedom of contract. A comprehensive effort was launched to ensure some degree of health and salubrity in the housing of the poor, providing them with allotments, giving them a chance to escape from the slums and to breathe the fresh air of nature, the “gentleman’s park.” Wretched Irish tenants and London slum-dwellers were rescued from the grip of the laws of the market by legislative acts designed to protect their habitation against the juggernaut, improvement. On the Continent it was mainly statute law and administrative action that saved the tenant, the peasant, the agricultural laborer from the most violent effects of urbanization."
http://www.bradford-delong.com/2016/05/highlighted-for-march-23-2016.html http://www.bradford-delong.com/2016/05/highlighted-for-march...
Different values.
- bko 10y ago> "Land could not, in Polanyi's view, be allowed to be the plaything of the self-regulating market for essentially sociological reasons: where people lived determined who they were, and a self-regulating market that told people they could no longer afford to live in the community where they thought they belonged would trigger such a strong sense of communal injustice to spark the chaos of revolution: That's precisely why land should be left to the market. Because the alternative is not some egalitarian decision making with perfect information. The alternative is allocation of land through the political process, which has historically been used to encourage less than noble ideals like racial segregation and overuse of eminent domain.