Marx himself wrote this long ass book explaining the capitalism of his time, yet modern leftist have no interest understanding the economy of their time.
This platform is so incredibly out of touch with reality, especially the more left leaning side of things.
A millionaire these days just means you’ve paid off your mortgage and have a decent amount put away for retirement.
evol@lemmy.today 2 months ago
sin_free_for_00_days@sopuli.xyz 2 months ago
I don’t remember it being that big of a book.
evol@lemmy.today 2 months ago
I think all volumes of capital combined are like 1000 pages?
sin_free_for_00_days@sopuli.xyz 2 months ago
You’re probably right. I last read part of it for a class about 35 years ago, and I no longer trust my memory anyways.
Ilovethebomb@sh.itjust.works 2 months ago
There’s a lot they don’t understand, to be honest.
ScientifficDoggo@lemmy.zip 2 months ago
I only half agree with this assessment. Most million dollar homes are million dollar homes due to billionaires and firms poaching housing from actual families and driving up prices.
Idk WHERE we draw the line, but I absolutely say we start culling from the top and see where we land.
Ilovethebomb@sh.itjust.works 2 months ago
The housing market is effed in a lot of places, no argument from me on that. But stringing up someone with a nest egg for their retirement isn’t the solution.
ScientifficDoggo@lemmy.zip 2 months ago
Oh, for sure, but I’d bet my goat that the problem would go away WELL before people started looking at single family homes actually owned by families.
iopq@lemmy.world 2 months ago
That’s not true, considering 60% home ownership. How can most homes be owned by billionaires when most people own their homes. Are most people billionaires?
ScientifficDoggo@lemmy.zip 2 months ago
Not what I said my guy.
Bronzebeard@lemmy.zip 2 months ago
They don’t need to own all of them, just slightly more than the turnover/growth rate. If a community only has 2% of people moving in/around, and billionaires own 4% of the houses in an area, they can still jack up the prices, which changes the value of all the homes