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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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