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Joined 1 year ago
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Cake day: June 18th, 2023

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  • I think we should be careful. It’s certainly true that greedy powerful people in the world today are getting increasingly aggressive about seizing more money and power, and that’s terrible, and we need to do whatever we reasonably can to stop it.

    I don’t recall seeing any data that suggests the average level of greed among the general population has grown, or that the average desire to work among the general population has gone down.

    The reason this distinction matters is because when someone makes the claim that too many people are greedy these days, it sounds like a problem with the general population, when what we’re actually seeing is a problem with the ultra-rich.









  • I was having trouble understanding what you meant because you didn’t think about the obvious implications of millions of properties being unloaded in a short time.

    If the number of landlords drastically increases, which would happen when you have mass property sales, then there’s more competition, and rent goes down.

    Or, depending on your setup, the government seizes some of the properties that people refuse to sell, and turns them into public housing. This also drives rent down.

    So then, what happens? Oh yeah, both buyers and renters win. Was that clear enough? Perhaps I should write in all caps.