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Homelessness could be divided in to two groups -- one of necessity and one of autonomy. Separating these reasons seems to be an important start. In general, we
by AJ007 14y ago
Homelessness could be divided in to two groups -- one of necessity and one of autonomy. Separating these reasons seems to be an important start.
In general, we see the US as a place even the bottom tier of society can get by without dieing outright in the streets. We produce so much consumable garbage even the non-homeless go dumpster diving (freegans.) Cities such as Detroit are bulldozing thousands of homes that fell apart because they were simply abandoned. In this sense, the US has excess capacity.
The second issue becomes one of autonomy. Do we force the homeless out of public parks? As pointed out above a lot of homeless people have mental illness issues (arguably all long term homeless do.) Deinstitutionalization means we just don't lock people away in insane asylums anymore.
One thing I've learned from running a business is that its ok for things to be broken some of the time. What we need to be aware of is the little broken things that turn in to big broken things.
Homelessness could grow out of control. The monetary and economic growth policies governments pursue can force people out of their homes (legal and extra-legal private property) and in to urban slums. My concern is what happens when "normal" people can no longer afford the cost of living in a wide geographic region.
I am a big advocate of deflation, being driving prices lower rather than up. We recognize and expect this in technology. Indeed, that is the very basis of our growth. On the contrary, pretty much the entirety of government policies globally the past 50 years has been optimized solely around growth in annual GDP records.
These policies can create big problems as wealth from the working class is re-allocated to the business class through lower interest rates, property forfeiture for development, low bank lending standards, and outright subsidies. Ultimately they have to re-balance but the process is not pretty or enjoyable.
- steveklabnik 14y ago> In this sense, the US has excess capacity. I saw a recent claim that there are 22 empty houses for every homeless person, though the citation was one like "National homeless association" and not incredibly specific.
- Evbn 14y agoEven if true, those houses don't move around, get people to grocery stores or jobs, and don't sit on arable land
- Evbn 14y agoYour paragraph about deflation and GDP muddles a few different issues and distracts from your main point. Even if prices drop due to productivity, there is still good reason for monetary inflation, and population growth should drive total GDP growth, or everyone is poorer. But this is really off topic. I think what you mean is that cost of living should drop each year, and that is a good idea.