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As the real economy stagnates, and the speculative economy blows bubbbles, catching rents in various forms is increasingly what is left. Saw recently that the Biden bipartisan economic plan contains "asset recycling", ie hand over everything to Wall Street and let them collcet the rents, because markets. But housing rents are the original rents.

In Sweden at least, the corporate think tank Timbro has been doing long term work in training young politicians of different stripes in neoliberal ortodoxy and grievance politics. If you are young and can't get a job (or the job you deserve) who is at fault? Obviously it is old people who has seniority and crap, get them out and you can get a job! If you are young and can't get an apartment, who is at fault? Obviously it is old people who has rent control and crap, get them out and you can get an apartment!

Naturally, the economic rules that keep unemployment in place, make sure that all expansion of teh economy goes to the big cities with predictable lack of appartments etc etc, can not be questioned. What are you, some kind of socialist?! Do you want people to die in the Gulag?!

by fjallstrom on Sat Jun 26th, 2021 at 01:33:50 PM EST
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It sounds like 'dying in the gulag' is what a lot of people will be doing under this arrangement. It will just be that the gulag is a bit different than they expected.

The ONE bright spot in the USA is that the younger the generation the more progressive it becomes. In the '60s I always thought 'don't trust anyone over thirty' was stupid. Those idiots were giving themselves ten years or less of relevance - if only people remembered. But in the current day USA there is a similar dynamic, with the GenX and younger generations rightly criticizing the Boomer generation for getting theirs and then voting to have the ladder pulled up. But the effects are opposite in tendency
to those in Sweden.

"It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sat Jun 26th, 2021 at 03:50:39 PM EST
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Oh, I don't think the young neoliberals are many, Timbro has just done well in selecting for those likely to make a political career and catching them young. Opposite of mass movement, if you like.
by fjallstrom on Sat Jun 26th, 2021 at 11:53:11 PM EST
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I hope so, and I hope that their craven greed is exposed for what it is.


"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sun Jun 27th, 2021 at 03:39:38 AM EST
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