atcorebcor

joined 2 months ago
[–] atcorebcor@sh.itjust.works 1 points 1 day ago* (last edited 1 day ago)

Any politician who has been “regulatorily captured”. https://en.wikipedia.org/wiki/Rent-seeking

Joseph Stiglitz have made a convincing argument that inequality can entirely be explained by rents. That without rents (coming from monopoly power, companies influencing politics, private ownership of land) we will not see rising inequality. Which suggests that we can prevent excessive inequality with anti trust laws, land value taxes, and heavier protections against political regulatory capture.

[–] atcorebcor@sh.itjust.works 0 points 2 days ago (2 children)

Rent-seeking politicians exist in any political system. The problem are in the rules of the game.

[–] atcorebcor@sh.itjust.works 2 points 6 days ago

Its not just the demand, its also monopoly or duopoly of suppliers. These suppliers prevented competition by making sure they are the only ones allowed by students to use.

[–] atcorebcor@sh.itjust.works 3 points 6 days ago

You’re right, but this benefits rich content creators at the cost of new ones creating more income inequality in the content creation business.

[–] atcorebcor@sh.itjust.works 0 points 1 week ago

Yeah that doesn’t take away from how they shouldn’t be. The only reason they are expensive is because we are not responding to the rising demand because regulation prevents it causing speculation exacerbated by mortgage subsidies.

[–] atcorebcor@sh.itjust.works 1 points 1 week ago (2 children)

I live in a European capital, and house prices have outpaced wages a long time ago.

[–] atcorebcor@sh.itjust.works 47 points 1 week ago (12 children)

What makes you think people with degrees can afford a house by 30?

[–] atcorebcor@sh.itjust.works 2 points 2 weeks ago

The only reason housing, an otherwise depreciating asset, can become an investment is through land scarcity (to be solved with land value taxes) and through housing scarcity (created with policy such as height restrictions, “green” belts, and difficult building permit processes)

[–] atcorebcor@sh.itjust.works 2 points 2 weeks ago

To be able to create any art I have in my imagination in seconds exactly how I imagine. Videos, photos, sculptures, etc.

[–] atcorebcor@sh.itjust.works 2 points 2 weeks ago

I think everyone who downvoted you didn’t get the joke 😂

[–] atcorebcor@sh.itjust.works 7 points 3 weeks ago (2 children)

Not every job needs someone to cover. My work is about deadlines. As long as I meet them, I can work whenever and wherever I want aside from meetings and work events.

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