3 ms·
It's not either or, you don't have to have individual ownership for properties. A landlord can be replaced by a neighborhood cooperative that redirects the valu
by Weebs 6y ago
It's not either or, you don't have to have individual ownership for properties. A landlord can be replaced by a neighborhood cooperative that redirects the value produced from the building back into the community (schools, public service funding, etc.)
Private ownership and rent contracts is only one way of many to solve the problem of granting access to space without outright purchase.
Also, providing a service and extracting value from others work aren't mutually exclusive. Consider this: a foreign organization extracts natural resources, refines them, sells the new product back to the localsy (and other outside communities) for large profits that are mostly redirected outside of the native community.
I would clearly call that extraction, the fact that they also provide a service to the community doesn't negate that.