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I agree that swedish farmers mostly legally own their land, Sweden has a long and rather uncommon tradition of a large share of the land being owned by the farmers. Sweden has never been feudal in the continental sense but went from a more or less tribal structure to a centralised state. There are some discussion as to why, my favourite explanation is that the rugged terrain made sure that farmers were also hunters (thus good with bow or crossbow) and that cavalry was much less effective. Making large armies of peasants the dominant force on swedish battlefields.

Returning to present day, if the farmers have loans on the property, then they do pay rent (in the form of interest) on the land. A (smaller or bigger) portion of the land value is thus captured by someone else.

A vote for PES is a vote for EPP! A vote for EPP is a vote for PES! Support the coalition, vote EPP-PES in 2009!

by A swedish kind of death on Tue Aug 18th, 2009 at 01:19:20 PM EST
[ Parent ]
Indeed, but are you arguing for the abolishment of loans for investments, one of those financial services that actually make good sense?

And additionally if we talk about loans, we are talking about something else than extracting rent from natural resources, we are talking about extracting rent from financial capital.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid (arvid.hallen at gmail.com) on Tue Aug 18th, 2009 at 01:42:53 PM EST
[ Parent ]
I am not arguing against loans in general, I am hardly arguing at all in this sub-thread. I am trying to bridge a difference in communication styles (and hopefully learn something from it).

And additionally if we talk about loans, we are talking about something else than extracting rent from natural resources, we are talking about extracting rent from financial capital.

But financial capital - as opposed to capital in the forms of machines and other means of production - is simply a relationship. As is leasing. And in both cases the person who puts in labor and real capital pays part of the produce of the land to the rentiers that allows said person to use the land.

Those rentiers would be the freeloaders in question.

A vote for PES is a vote for EPP! A vote for EPP is a vote for PES! Support the coalition, vote EPP-PES in 2009!

by A swedish kind of death on Tue Aug 18th, 2009 at 02:27:43 PM EST
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