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Its still an economic system in place, whatever you wish to call it that causes these issues.
by throwaway2048 8y ago
Its still an economic system in place, whatever you wish to call it that causes these issues.
- simonsarris 8y agoBut the economic system in place is not producing those effects in all countries that subscribe to such a system, so saying so is a poor conclusion. Many capitalist countries do not have housing shortages, so it seems very glib to blame capitalism when there are more accurate and more granular phenomena to point to. I mean out of these, which seems more accurate? 1) In some capitalist countries, there is a housing shortage. 2) In countries with restrictive zoning regulations, there is a housing shortage.
- imtringued 8y agoIf this was caused by the economic system you would see it in every city not just the wealthiest.