3 ms·
The land is owned by the lords. The problem is the latest generation of wealthy lords has figured out how to stay wealthy. As their wealth grows, the plight of
by blobbers 4y ago
The land is owned by the lords. The problem is the latest generation of wealthy lords has figured out how to stay wealthy. As their wealth grows, the plight of the common person grows as well. The wealthy haven't allowed themselves to become poorer, or even relatively poorer. They've only grown their riches.
Because there is a lack of taxation on the rich, they tend to accumulate assets. They can then depreciate these assets while using their income for leverage. Ultimately every dollar the rich landlords collect is a tax on the poor.
The very concept of ownership may seem a little bit unnatural. How can one person own the dirt someone stands on. How deep down do they own it? Is it a radial ownership of the earth?