3 ms·
Only if you consider “Highest and Best Use” to be that which is most profitable for the property owners, rather than that which is in society’s long-term intere
by eschaton 2y ago
Only if you consider “Highest and Best Use” to be that which is most profitable for the property owners, rather than that which is in society’s long-term interest.
Of course, capitalist economists work very, very hard to conflate “economic efficiency” with “society’s long-term interest” in peoples’ minds—to make people forget that an economy is just part of a society that should serve that society’s goals. They’d prefer if you thought an economy was a society and that all other things were subordinate to it.