In fact, I chatted with a land-lorder this week who informed me of his plans to buy the multi-acre field beside his mansion and tennis court to stop anyone from building on it. In other words, the huge rents his tenants are paying to stay sheltered are being used to monopolize more land to keep others from having shelter. Land-lorders are just house scalpers who contribute no value to the economy: A propertied class is freed from the labour of production through its ability to maintain itself out of a surplus extracted from the primary producers, whether by compulsion or by persuasion or (as in most cases) by a mixture of the two.G.E.M de Ste. Even Adam Smith knew land-lording is a monopoly: The rent of land, therefore, considered as the price paid for the use of the land, is naturally a monopoly price. Rent-seeking results in reduced economic efficiency through misallocation of resources, reduced wealth creation, lost government revenue, heightened income inequality, and potential national decline.. And the strongest, meanest men got the best stuff. In other words, land-lording is a form of communal theft. Landlords are parasites of the society and they leech money from working people. Land-lorders lend houses and expect to receive them back with rent. People should be embarrassed to be land-lorders. The demand for their commodity, site and soil, can go on expanding indefinitely; but there is only a given, limited amount of their commodity. Land-lorders lack the creativity, drive, risk, time, and/or skill to build real, productive businesses that contribute goods and services to the world, so they choose to lord land over others instead. Yes, I said it: For-profit land-lording is an illegal and immoral monopoly. To receive new posts and support my work, consider becoming a free or paid subscriber. Dante described this exploitative system as: An extraordinarily efficient form of violence by which one does the most damage with the least effort.. Facing yet another price hikefrom $2,200 to $2,600 per month, with no other viable options for a family with three young kids since their town got devoured by investors and Airbnbsthey decided to move nearly 300 miles away from their parents, shattering the day-to-day family relationship between three generations. Landlords that don't labor are parasites? BLACK HAMMER, Another miserably failed coup attempt in Venezuela. Black Hammers here for the community, Salt Lake City, Hammer City Will Live With The Earth Not On It, Decolonial Theory: Modern-Day Narodism Le Blog de Camarade Ren, 7 ways that Ruth Bader Ginsburg was nothing but a liberal colonizer, You Cant Support Colonized People Without Paying Reparations, Its official, white people have hi-jacked BLM protests. No, to be honest. 116 million tenants work all month and finish with nothing. The bargain struck between landlord and tenant is always advantageous to the former in the greatest possible degree, Because they have a capital (or usually credit) advantage over rent-serfs. Facing yet another price hikefrom $2,200 to $2,600 per month, with no other viable options for a family with three young kids since their town got devoured by investors and. More land-lording has never once in history closed the ever-widening wealth gap. Even Adam Smith, the father of capitalism, said that land-lording has its origin in robbery, and that land-lorders love to reap where they never sowed, and demand a rent even for the natural produce of the earth.. Next time a land-lorder pretends to be charitable with you, call them out. Because who created this destructive structure in the first place? He has not contributed anything to society. CashApp: $BuildHammerCity I cant tell you how many variations of the same sob story Ive heard: If for-profit land-lording was banned and all 23,879,953 land-lorders were forced to sell their tens of millions of monopolized properties today, the price of houses would joyously plummet back towards affordability. I wonder what is meant by a good private landlord, worthy of recognition. He is considered the father of modern economics. Press question mark to learn the rest of the keyboard shortcuts. Just like how China successfully handled Coronavirus, the Chinese revolution shows an excellent model for addressing landlord exploitation. The love of money is the root of all kinds of evil, and the evil of rent-seeking is one of the greatest sins on earth today. A government program to build middle-class public housing similar to those in Vienna might be a solution. (And profit, as we have discussed before, is the ultimate economic inefficiency.). Im not so sure; some of the best relationships of my life have revolved around bitching about bosses, creative slacking and covering for each other. Smith is most famous for his 1776 book, "The Wealth of Nations." Smith's writings were. Somewhere between the source material is dated and he wasnt right about everything. If you moderate a leftist subreddit and would like your sub to be a part of Left Reddit, message the mods of this sub! It is the monopolization of human shelter for the purposes of extracting usury. 116 million tenants work all month and finish with nothing.23 million landlords dont work all month and finish with everything. People should be embarrassed to be land-lorders. Do not think for a moment that I am being hyperbolic here there are more than 500,000 homeless people in America, and tens of thousands die on the streets every single year. Authors note: Today will be a hard word for some people, but I care too much about the poor to not speak out against injustice. The idea of "natural produce" is the townsman's view of farming: or the Christian's view of the bounty of the Lord God Almighty - he makes the grass grow, and brings forth t. Private: ADOS: American. I'm not too well read on him, is his grave worth pissing on? they decided to move nearly 300 miles away from their parents, shattering the day-to-day family relationship between three generations. Welcome to r/LandlordLove! When a land-lorder loans someone a $500,000 house, he expects to receive back the $500,000 house plus rent. Jesse Lee Peterson DRAGGED by Chief Gazi Kodzo, Colonized Poor and Working Class Leading Is My Mood 4 Eva. The u.s. Congressional Budget Offices economic growth estimates in 2020 are about 8% lower because of the corrupt concerted response of white power to the pandemic. Dante described this exploitative system as: An extraordinarily efficient form of violence by which one does the most damage with the least effort.. So much hate towards landlords. Liberation or Nah; Yall Niggas Still Clamoring for a Seat at the Table!? rental price for human shelter, not the minimum so everyone can afford to live indoors. Keep colonialism closed and lets open the Revolution! Please get acquainted with our sub's rules. Covid-19 Update: 100 million shots in 100 days? Theyre exactly like ticket scalpers who buy more tickets than they need, then hoard them to drive up the price. Why Colonized Leadership Will Forge A New World, Chicago Hammers Defend & Build For The People, Black Hammer Forms Coalition With the Proud Boys: All Your Questions Answered, How To Actually Take The Land Back This Thanksgiving. Many a man is harassed to death to pay the rent. Answer (1 of 5): I think he was repeating the wisdom (so called !) Many a man is harassed to death to pay the rentHenry David Thoreau. Adam Smithlandlords are parasites. - iPerceptive The landlords, like all other men, love to reap where they never sowed. Renters, landlords, and homeowners dont realize they live in a massively corrupt shelter scam. The landlord just collects a paycheck gotten from wealth extraction of the work done by tenants. It seems to me like number 2 would be the easily preferable choice, cause usually theres not much to maintain, and if theres ever something expensive then the building tenants can pool money together to pay for it. Presently, he is still doing modelling and . landlords are parasites - do not serve socially useful functions. Join 21,000+ people who follow him on Medium, Twitter, and Substack. Adam Smith Quotes. because true usury-free rent would be somewhere in the neighborhood of $300/month right now. Im of the old-fashioned opinion that a lifetime of owned shelter shouldnt take more than a year to pay off. The second part then examines the way in which the social and asocial passions interact to shape the process by which society His writing has appeared in Christianity Today, Relevant, Esquire, The Guardian, Smithsonian, and TIME Magazine, and he has traveled to more than forty countries including North Korea. Thats their mantra. cit., Vol. And $2,000/month will seem like chump change decades from now, as, The physical materials still grow freely, but because of the monopolization of all land and resources (capitalists call this privatization), the price-time of shelter continues to soar with, This, of course, is no longer possible today. How does this cartel gain money? Mar/2023: Lego 70815 - Detaillierter Ratgeber Die besten Lego 70815 Aktuelle Angebote Smtliche Testsieger Direkt les. The young family encouraged the landlord to rent the house to another young family for $2,200. Who acts, in other words, not like a landlord at all? It would be the glorious and long-overdue end of shelter-usury, and it would make but I rent below market value utterly laughablebecause true usury-free rent would be somewhere in the neighborhood of $300/month right now. 19 comment. Anyway, I know a Chinese guy who had a great idea about landlords" They should feel shame that they abuse the working class with monopoly and usury and perpetual serfdom. Our call from the Lord is to invite people home. This site requires JavaScript to run correctly. Rent-seeking isnt meritocratic, sustainable, biblical, just, reasonable, pro-productive, equality-inducing, or net-positive for society. Put another way, when a bankster loans someone $500,000 for a house, he expects to receive the $500,000 cash plus interest. If youre one of these people, you can shove your property portfolio up your arse. Its such a broken and corrupt system that even good people get caught up in an actively hateful act. Never forget that land-lording creates more wealth inequality. Theyre all passion fruits, if you ask me, lads. Land-lorders own all the homes, and since rent-serfs by definition cannot afford to purchase shelter in a privatized economy how could you possibly save up a downpayment while youre paying someone elses mortgage? This is why Colonized communities are hardest-hit by Coronavirus. I received an email from a working mother this week who has paid nearly $40,000 in rent in the past eighteen months. The septic tank became clogged, andthe toilet wouldnt flush. Because they have a capital (or usually credit) advantage over rent-serfs. In May, for example, almost 25% of Black poor and working-class people couldnt pay rent. Unless a land-lorder is letting people live in a house at true cost and giving away 100% of the increase in value of the property when they sell it, they are profiting from a corrupt system that exploits the working poor. About everything even good people get caught up in an actively hateful act up in an actively hateful act,. 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