I don’t pay a dime for for the property. I don’t pay taxes, I don’t pay for maintenance, I didn’t pay for the cost of building the property, I don’t even pay in

I don’t pay a dime for for the property. I don’t pay taxes, I don’t pay for maintenance, I didn’t pay for the cost of building the property, I don’t even pay interest for the loan. I just applied for the loan and my tenants pay for the rest. Land is made more scarce then it actually is. We all live on land so there is plenty to go around. The artificially induced scarcity comes from the fact that people live on land they don’t own. For this to happen it means Certain people own more land then they need. The extra land is not owned for personal utility, it is bought so that another person has no choice but to pay you money to use the land. Everyone would jump into the market if they could. The reason why they don’t is because you need to front a lot of money to buy property. So if a house costs a million I can just buy the house and rent it out. I didn’t lose the million because I can always resell the house and I gained rental income on top of that. What prevents people from executing this strategy is that they don’t have 1 million dollars. For a loan, barrier to entry is lowered to the down payment. It’s not a necessary evil. The most successful economies today involve a combination of capitalism and socialism. An aspect of the economy, like property can be enforced to be made fair. It’s never been tried but in no way would I call it a necessary evil. Either way I benefit from this evil so I’m against it. You don’t understand because your reasoning is off. Owners of capital are protected from inflation because most owners of capital don’t own cash. Inflation is a phenomenon related to cash lowering in value. Owning assets that are not cash tends to make inflation not apply. Poor people tend to own cash and rich people tend to own assets, hence during inflation poor people tend to lose. Poor people continue working hard while their salaries stay the same and get inflated. The work that they do improves the worth of the company they work for. Who owns that company? The owners of capital. In short the owners of companies pay people less for productive labor. Then a feedback loop occurs where laborers can no longer purchase as much from a company and the companies begin to lose as well. Overall the feedback loop hits companies later. Inflation hits the workers first during inflation. But this is besides the point. My point is capital grows faster then productive labor. The main reason why this happens is because capital represents the output of productive labor in aggregate. This output in wealth allows owners of capital to easily climb over barriers for entry and purchase more capital. It’s like playing Texas Holdem, the more chips you have the more power you have. I read your example, transfer of knowledge is a separate issue. The shock to immediately changing a system also can have bad side effects. I’m not suggesting that the current status quo should be fixed either, nor am I suggesting there is a easy solution. I am saying that in the status quo I benefit from money gifted to me by my tenants while contributing nothing to the economy.