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Thread: Capitalism Increases The Cost Of Housing Faster Than The Wages Rise.

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    Default Capitalism Increases The Cost Of Housing Faster Than The Wages Rise.

    Capitalism is wonderful engine of productivity.

    The profit motive causes people to form businesses and create jobs.

    Most people, however, do not work hard because of the profit motive. Most workers work for somebody else. Their wage is usually fixed. They work hard because if they don't, they lose their job.

    Capitalists control wages. They try to pay as little as possible as long as they can get the job done. Capitalists are in it for the money, not to provide jobs. Capitalists only provide jobs because they have to, in order to generate profits. It is the profits they are after. Profits are KING! Profits are why capitalists are forced to create jobs.

    Capitalists always try to eliminate jobs. If a capitalist can find a way to eliminate jobs he will do it. That decreases his expense for labor, and maximizes his profit.

    Capitalists also try to downsize jobs. Any function of a job which can be performed by a lower-paid worker is targeted for being shifted to lower-paid workers. Nurses no longer hand the instruments to a surgeon. That is below the nurse's pay grade. That is now a 2-year degree called a 'Surgical Technologist.' That kind of transformation of job duties is going on in virtually every field. The capitalist strategy is to redefine all job descriptions so that higher-paid workers are not wasting their time doing something that a lower-paid worker could be doing. This has the effect of saving money for capitalists and once again, reducing the cost of labor.

    As capitalism eliminates and downsizes jobs, that means workers are earning comparatively less, in direct proportion to the increase of the capitalist's profits.

    This process increases wealth inequality. Over time, it produces extreme wealth inequality.

    And it is not stopping there!

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    Capitalism is VERY INTERESTED in labor cost reduction. Automation is increasingly used to eliminate jobs all together. Many stores have automatic check-outs. That eliminated some jobs. And that process will continue.

    Meanwhile, real estate gets more expensive. Inflation causes real estate prices to rise over time. Prime locations rise the fastest. New York City, LA, San Francisco, Washington DC, and many major metro areas are very desirable locations. Real estate has become essentially unaffordable to the poor and in many cases even the middle class in some of these regions. But still, jobs have to be done.

    Where are workers supposed to live if they can't afford a home?

    They are going to rent.

    Who are they going to rent from?

    Rich people who own the real estate. Capitalists. The ones with the money who will pay more and more for real estate as the market rises.

    So we have Capitalists reducing wages, and raising the cost of living.

    This is an unsustainable economic model.

    The result will be more demand and need for government assistance programs.

    What pays for that?

    We are going to have to tax the rich more.

    Capitalism is a wonderful engine of productivity, but like any powerful engine, it cannot be allowed to runaway at full speed, (it would blow up!) It requires regulation to control that great power.

    Big government is needed to properly regulate big capitalism.

    More extreme wealth inequality requires raising taxes on the rich.

    Capitalism built that!

    We've got to live with it.
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    "Thou shalt not covet*thy neighbor's house"

    Lefties cannot help having their eyes on everybody else's shit. They covet their neighbor's house and paycheck, and they dream of taking over other people's businesses and companies. They have their eyes on the wealth of the top 1%, and if they ever get it, they will be after the next 1% too. Socialists, commies, and lefties are really all the same thing, and they will be after other people's shit until nobody has anything left to take. Lefties/commies are parasites.
    The Truth Does Not Need To Be Supported With Censorship.

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    This is part of how wealth is extracted from the many by the few.
    Personal Ignore Policy PIP: I like civil discourse. I will give you all the respect in the world if you respect me. Mouth off to me, or express overt racism, you will be PERMANENTLY Ignore Listed. Zero tolerance. No exceptions. I'll never read a word you write, even if quoted by another, nor respond to you, nor participate in your threads. ... Ignore the shallow. Cherish the thoughtful. Long Live Civil Discourse, Mutual Respect, and Good Debate! ps: Feel free to adopt my PIP. It works well.

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    Real estate is an asset. Labor is a consumable input with no residual value.

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    Quote Originally Posted by 10DayUserName View Post
    Real estate is an asset. Labor is a consumable input with no residual value.
    Except that it creates all the profit the thieves live on, of course.

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    Quote Originally Posted by iolo View Post
    Except that it creates all the profit the thieves live on, of course.
    Let the serfs buy their own land if they are unhappy with their lot in life.

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    Quote Originally Posted by iolo View Post
    Except that it creates all the profit the thieves live on, of course.
    Commies think they are being robbed when they have to work for a living.
    The Truth Does Not Need To Be Supported With Censorship.

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    Quote Originally Posted by 10DayUserName View Post
    Let the serfs buy their own land if they are unhappy with their lot in life.
    What with, Fuhrer - blood? Yours perhaps?

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    Quote Originally Posted by iolo View Post
    What with, Fuhrer - blood? Yours perhaps?
    They can enter the oldest profession for all I care. It is their problem, not mine, to sort. They certainly never seem to be out of money for alcohol, cigarettes, tattoos and such.

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    Quote Originally Posted by 10DayUserName View Post
    They can enter the oldest profession for all I care. It is their problem, not mine, to sort. They certainly never seem to be out of money for alcohol, cigarettes, tattoos and such.
    Much easier, surely, just to kick the fat thieves out and take over the world. What the fuck use are your fat, greedy master to anyone?

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    Quote Originally Posted by iolo View Post
    Much easier, surely, just to kick the fat thieves out and take over the world. What the fuck use are your fat, greedy master to anyone?
    They watch a lot of porn. That is like extra pocket change for the serfs.

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    Quote Originally Posted by 10DayUserName View Post
    They watch a lot of porn. That is like extra pocket change for the serfs.
    Bollux. You think those greedy buggers ever pay anyone for anything?

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    Quote Originally Posted by iolo View Post
    Bollux. You think those greedy buggers ever pay anyone for anything?
    I am sure they pay someone for something. Kind of hard to have a country house without the house or the country.

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    Quote Originally Posted by 10DayUserName View Post
    I am sure they pay someone for something. Kind of hard to have a country house without the house or the country.
    Bullshit. Burglars can achieve that, if successful, and fascist politicians too. You seriously suggesting your beloved conmen ever did anything for anybody? Grow up!

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    Quote Originally Posted by iolo View Post
    Bullshit. Burglars can achieve that, if successful, and fascist politicians too. You seriously suggesting your beloved conmen ever did anything for anybody? Grow up!
    If the people hadn't lopped off Marie's head, they could have had cake. Revolutionaries serve their purpose mind you, but in the end, they always give way to the same old same old.

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