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If you believe this I'm afraid that you have successfully been brainwashed by Atlas Shrugged propaganda that dominates American politics. It is the idea that we
by jmyeet 4y ago
If you believe this I'm afraid that you have successfully been brainwashed by Atlas Shrugged propaganda that dominates American politics. It is the idea that we have to kowtow to bosses ("capitalists") otherwise they won't provide those jobs or will leave. It's a ridiculou snotion.
The only thing that will stop capitalists doing capitalism is that it won't be profitable.
In a lot of places we aren't building things because we can't (eg in most of the US it is quite literally illegal to build anything other than SFHs) and what we are building in a lot of places isn't aimed at normal people (eg the ultra-luxury skinny-tall towers in Manhattan).
- gruez 4y ago>It is the idea that we have to kowtow to bosses ("capitalists") otherwise they won't provide those jobs or will leave. It's a ridiculou snotion. You have to "kowtow" to capitalists because they control resources which are required for new housing to get built. Nothing will change that short of a full communist revolution, which most people aren't too keen on. >The only thing that will stop capitalists doing capitalism is that it won't be profitable. >In a lot of places we aren't building things because we can't (eg in most of the US it is quite literally illegal to build anything other than SFHs) and what we are building in a lot of places isn't aimed at normal people (eg the ultra-luxury skinny-tall towers in Manhattan). You got cause and effect reversed. The reason why only luxury apartments/houses are being built in those areas is because the land value/zoning means that the only rich people can pay those prices, and they want luxury homes. Mandating that only crappy homes can be built doesn't really fix the issue, because rich people will still buy those homes and renovate it themselves to make it luxury.