Alien Nathan Edward

Solitary, poor, nasty, brutish and short

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Joined 1 year ago
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Cake day: July 4th, 2023

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  • okay but land ownership and rent seeking are inherent, inevitable parts of capitalism. Even Smith talked about how rent-seeking is an unavoidable outcome of a system where one person can own what another needs, and about how in order to succeed capitalism will require some way of discouraging or taxing rent-seeking. “As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed and demand a rent even for its natural produce.” This isn’t a new phenomenon and it’s not a return to pre-capitalism, it’s capitalism doing what we all new it was going to do from the beginning.



  • this, but doubly so with Eve. You’ll notice that we often skip over Cindy and Dave and go right to Eve, so often that I don’t even know off the top of my head whether Charlie and Deandra are the conventional names for persons 3 and 4 in this construct. That’s because this construct is used a lot when talking about secure communications and the convention is that “evil” “eavesdropping” Eve is the person trying to destroy, intercept or alter the communication between Alice and Bob. Her role is built into her name.



  • Let’s say your three months in on a new rental home. Landlord may be averages $100-$200 per month profit, so reasonably they’ve only collected $600 in total profit from you. AC now breaks and needs a $10,000 replacement. Who pays? Have they collected enough money from you so that you are paying for it?

    This only seems to not make sense if you assume that the landlord hasn’t rented the property in the past and won’t continue to rent it in the future, and also that you assume that revenue is the same as profit, which it fundamentally is not. If they’re only making $100-$200 in profit how do you account for the rest of the money that’s paid in rent? There’s no way they’re renting me a house with central air for only $100-$200/mo, is the rest of the money I pay in rent maybe, and hear me out here, going to cover expenses like a new AC unit?

    you might as well start arguing that every business ever pays for things because of money, they’ve collected in their patrons.

    I’m arguing exactly that, that every business pays for things with or in anticipation of revenue. It’s built into the idea of seeking profit. I’m a W2 employee and the business that employs me pays me with revenue they bring in and in anticipation of being able to use my work to bring in more revenue than they pay me. It’s kinda fundamental to the rationally self-interested profit motive that’s supposed to drive this whole economic system.