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Once you realize that suppressing wages and extracting every last ounce of wealth from workers is an explicit policy goal, it's impossible not to see it everywh
by jmyeet 3y ago
Once you realize that suppressing wages and extracting every last ounce of wealth from workers is an explicit policy goal, it's impossible not to see it everywhere.
Increasing housing costs is wealth extraction. Moreso, it's state violence to deny a basic human need such as shelter for profit. Homelessness kills people. Yet we've been successfully propagandized into thinking homelessness is some personal moral failure.
And then we have the deacdes-long (successful) effort to suppress real wages. Restrictive immigration policies intentionally create a permanent underclass to erode wages. States are now relaxing child labor laws for the same reason. Even tying wage gains to "productivity increases" is a form of wage suppression in an inflationary environment.
Under the category of "private equity ruins everything", we have large companies buying up land where mobile homes sit and jacking up the land fees as another form of wealth extraction. This is a problem because this was a more affordable housing option for many, almost housing of last resort. It's predatory and should be illegal.
What kind of society are we that we have to depend on the largesse of Walmart to provide refuge parking lots for those just one step above living on the street?
- buzzert 3y ago> Moreso, it's state violence to deny a basic human need such as shelter for profit It’s violence to not provide something for free? What do you call forcing someone to build a house for someone else?