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In any -ism.you could build an apartment on your own land[1]. It's capitalism that turns it into capital which allows you to rent it out or sell it as property.
by kelseyfrog 4y ago
In any -ism.you could build an apartment on your own land[1]. It's capitalism that turns it into capital which allows you to rent it out or sell it as property.
1. to the extent that land can be owned under a given mode of production.
- Karrot_Kream 4y agoTenants existed before capitalism. Marx discusses this in Capital when he discusses the transition from feudalism to capitalism. The ownership class changed (from the Lord to the landlord) but the relationship continues to exist. The idea of using an asset to generate returns on the asset is indeed a capitalist concept but housing is but one aspect of that. It's in important distinction because even post-capitalist dialectics need an answer for the need of housing.