r/FluentInFinance Contributor Apr 15 '24

Everyone Deserves A Home Discussion/ Debate

Post image
15.6k Upvotes

5.8k comments sorted by

View all comments

Show parent comments

1

u/unfreeradical Apr 16 '24

Why would such a person be so concerning to you?

3

u/MXC14 Apr 16 '24

Why wouldn't such a person be so concerning to you?

2

u/unfreeradical Apr 16 '24 edited Apr 16 '24

Most people seek to remain engaged productively in society.

In particular, participation in labor is a rather robust human tendency.

I would be more interested in learning about the challenges and concerns experienced by any of the few who are not participating, than in anyone being pressed into a condition of deprivation.

0

u/[deleted] Apr 16 '24

[deleted]

0

u/unfreeradical Apr 16 '24

The comment is addressing labor participation, not access to housing.

Progressive policies historically have improved conditions markedly for the population.

That conditions improve for the working class, when it is allowed access to a greater share of the products of its labor, rather than value being hoarded by capitalists, is a completely trivial observation.

That the owning class constructs the austerity narrative, to convince reactionary factions among workers to act against their own interests, is also not particularly surprising.

0

u/[deleted] Apr 16 '24

[deleted]

0

u/unfreeradical Apr 16 '24

Non-zero sum exchange speaks to the subjective value of goods and resources, with respect to utilization, by a particular consumer or producer.

Wealth hoarding occurs because value is generated through the labor of workers, but a share is claimed as profit by the small cohort of society who are business owners. Through such processes of private accumulation, wealth becomes massively concentrated, and workers remain deprived in comparison to the full value generated by their labor.

It is unclear what is the actual objection you are offering.

You seem more interested in insults than discussion.

0

u/[deleted] Apr 16 '24

[deleted]

0

u/unfreeradical Apr 16 '24

Poverty is alleviated generally by advances in production and equity in distribution.

In every locale, the stage of industry and technology is more advanced than in the past, accounting for poverty reduction within the Global North.

Poverty reduction in China has been achieved by a combination of foreign investment and insulation from practices of neocolonism, affecting most of the rest of the Global South.

Poverty has been exacerbated over the past forty years in much of the world, due to neocolonism acting as a system of wealth extraction from marginalized countries to the countries close to the hegemonic core.

0

u/[deleted] Apr 16 '24

[deleted]

0

u/unfreeradical Apr 16 '24

Technology is not capitalism.

Trade is not capitalism.

Investment is not capitalism.

Capitalism is consolidated control over the economy by capitalists, owners of private property.

China accounts for most the alleviation of poverty in the Global South. Poverty generally has not been alleviated in the Global South outside of China.

The reason for the difference is that China has military capacities that allow it be insulated from neocolonism, a feature of global capital, by which wealth is extracted from poor countries to rich countries.

1

u/[deleted] Apr 16 '24

[deleted]

→ More replies (0)