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Hat tipping Keynes I like to distinguish rentier capitalists from all the other types. In short capitalists that collect rents on stuff. Different than say an i
by Gibbon1 3y ago
Hat tipping Keynes I like to distinguish rentier capitalists from all the other types. In short capitalists that collect rents on stuff. Different than say an industrial capitalist the in the business of manufacturing and selling stuff.
The latter sort of understands that he needs workers to staff his factories. And consumers to buy. So he understands that children are tomorrows workers and consumers. The rentier capitalist is a financial parasite. He can't understand doesn't want to understand. Anything that reduces his rents like taxes to pay for school lunches pissed him off.
In the last 50 years rentier capitalists have managed to completely suppress the power of industrial capitalists and labor. And have managed to convince most people to think like them. So people think a parent spending time taking care of a child instead of working is 'a loss to the economy'