Thats why Dante envisions usurers in the lowest circle of hell. Commandos, Corona, and Climate Change: Colombian Neo-colonialism | Hood Communist, Black music, white sellouts: Black and Indigenous Colombians catch Coronavirus while Shakira cashes a check from Champeta. The grandparents wept as their kids and grandkids moved five hours away. Afterward, theyll sell the house to some bougie colonizers to make even more profits. When we pay rent, we pay more than it costs to build and maintain our homes. Press J to jump to the feed. A long habit of not thinking a thing wrong, gives it a superficial appearance of being right Thomas Paine. Colonized people are resourceful, and our biggest strength comes when we are organized. Whats ironic is that even the nicest of land-lorders is unknowingly part of this mass homelessness-creation system. Do not think for a moment that I am being hyperbolic here there are more than 500,000 homeless people in America, and tens of thousands die on the streets every single year. Yet they have nothing to show for it. We should permanently fix the affordable homeownership crisis: Houses would go back to costing 23X the annual income of a single earner, ensuring widest-spread homeownership and legitimately affordable not-for-profit rentership that doesnt cost anyone their entire life, or even more than a year or two. It is the monopolization of human shelter for the purposes of extracting usury. Adam smith had a vehement distaste for rent seekers. The cost of a thing is the amount of what I will call life which is required to be exchanged for it, immediately or in the long run.. A propertied class is freed from the labour of production through its ability to maintain itself out of a surplus extracted from the primary producers, whether by compulsion or by persuasion or (as in most cases) by a mixture of the two.. Even Adam Smith knew land-lording is a monopoly: "The rent of land, therefore, considered as the price paid for the use of the land, is naturally a monopoly price. First of all, forget anarcho-punk. It originally described a no value-ad landlord. The physical materials still grow freely, but because of the monopolization of all land and resources (capitalists call this privatization), the price-time of shelter continues to soar with no end in sight. The clinical contradictions of colonialism. 116 million tenants work all month and finish with nothing.23 million landlords dont work all month and finish with everything. r/LandlordLove is a tenant-friendly space meant for posting about both the individual and systemic problems caused by landlordism or, simply put, shitty things landlords do and/or cause. It helps to put shelter in its proper context: How many hours must a rent-serf pay for their shelter? (The Wealth of Nations - Book I, 1776) Adam Smith All Quotations by Adam Smith Select Adam Smith Quotations Mercy to the guilty is cruelty to the innocent. Try to understand these characters, so money-driven that they view peoples need to sleep indoors as the chance to turn a tidy profit. Smith straight up describes parasitic behavior. The young couples landlord once joked to the couple that their rent was paying for his childrens education. In other words, the land-lording class will squeeze from the productive class as much wealth as it can realistically wring out before the rent-serf dies. A Vote for Akile, Kills my friend Eritha. I am reminded of Jeremiah 6:10-11 To whom can I speak and give warning? The rent of the landlord is in proportion, not to what the farmer can make by the land, but to what he can make both by the land and by the water." (Adam Smith, op. There is no way behind you. In fact, I chatted with a land-lorder this week who informed me of his plans to buy the multi-acre field beside his mansion and tennis court to stop anyone from building on it. In other words, the huge rents his tenants are paying to stay sheltered are being used to monopolize more land to keep others from having shelter. Unless a land-lorder is letting people live in a house at true cost and giving away 100% of the increase in value of the property when they sell it, they are profiting from a corrupt system that exploits the working poor. Do not think for a moment that I am being hyperbolic herethere are more than, Our call from the Lord is to invite people, is an award-winning Christian biographer, PBS documentarian, and the cell-free founder of the popular futurist blog, , where he provides thoughtful people with contrarian perspectives on the corporatist anti-culture. Therefore, prices rise. "Such parts only of the produce of land," says Adam Smith, "can commonly be brought to market, of which the ordinary price is sufficient to replace the stock which must be employed in bringing them thither, together with its ordinary profits. Like a cockroach or mouse that lurks in your home, waiting to capitalize on any mess or spill, landlords will take everything you have when they have a chance. It is the, Rent-seeking is the effort to increase ones share of existing wealth without creating new wealth. The bargain struck between landlord and tenant is always advantageous to the former in the greatest possible degree, Because they have a capital (or usually credit) advantage over rent-serfs. Colonialism means that Black and Indigenous communities have no control over their lives, land or resources. In other words, if a land-lorder truly wanted to help provide affordable shelter to people, they would start a not-for-profit charity and derive no personal benefit. The second part then examines the way in which the social and asocial passions interact to shape the process by which society Not so fast! additional value, and tenants are living in buildings that have aged two years. One who lets you have a pet? That same day, the city of Beijing reported a single new case. In adjusting the terms of the lease, the landlord endeavours to leave him no greater share of the produce than what is sufficient to keep up the stock from which he . After three months of attempting to combat Coronavirus, the colonizer government has decided to give up. But thats like giving Stalin a humanitarian award for massacring fewer people than Genghis Khan. they have no choice but to pay maximal usury to a land-lorder. On a long enough time scale, the rent-serf pays for all the costs of the property, including renovations, repairs, maintenance, and the original purchase price, through their monthly usury payment. - Adam Smith, Wealth of Nations The most interesting thing about this quote is that this idea is one of the primary pillars of thought behind anarchism. Our freedom and future are under attack on all sides. Keep Our Hammers Free: Atlanta Hammers Arrested for Feeding the Homeless! Land-lorders do not provide a good or a service. People should be embarrassed to be land-lorders. This is a textbook example of how our system hurts Black and Colonized people. Jesse Lee Peterson DRAGGED by Chief Gazi Kodzo, Colonized Poor and Working Class Leading Is My Mood 4 Eva. While white european colonizers sleep soundly knowing that their familys fortunes and estates will protect them from eviction, Colonized people worry about where they will sleep the next day. Whether your landlord is a genial profiteer or an actual psychopath is the luck of the draw. . Reddit and its partners use cookies and similar technologies to provide you with a better experience. In other words, land-lording is a form of communal theft. That stereotype of a punishing, merciless landlord has continued on for centuries. In May, for example, almost 25% of Black poor and working-class people couldnt pay rent. The price of land and materials are wildly inflated because they are monopolized, and developers collude with zoning departments to ensure only the ugliest and most expensive of dwellings can receive the various and sundry bureaucratic permissions and approvals. It is very rare that people are brutally honest. And whatever houses do get built get devoured by landlords. The price of land and materials are wildly inflated. Rofbhawuild! Of course, there issomething deliciously filthy about a fig, and dont get me started on kumquats. For the remaining few who still couldnt or wouldnt want to buy, even though their mortgage payment would be less than their current rental payment. We are the hardest hit with the Coronavirus, and we are the hardest hit by landlord parasites. A manager get paid to do all the paperwork and legal stuff. A government program to build middle-class public housing similar to those in Vienna might be a solution. But its the buy-to-let vampires, monopolising new builds, setting social inequality in stone, who define the term today. Even Adam Smith, the father of capitalism, said that land-lording has its origin in robbery, and that land-lorders love to reap where they never sowed, and demand a rent even for the natural produce of the earth.. Who acts, in other words, not like a landlord at all? More land-lording has never once in history closed the ever-widening wealth gap. Devastating Flex On White Power As Iran Sends Warships Overseas, Victory for Peru: How fujimorismo Lost Its Power, Why americas Healthcare System Is Complete Garbage Part 2, Canadian Cave Beast Kills 4 Muslims With Vehicle, Why americas Healthcare Is Complete Garbage Part 1, Black Hammer Unites With Palestine, Gets Instagram Banned by Filthy Colonizers: What You Need To Know. I have dear friends who are land-lorders. He has held a home hostage and flayed a profit in the form of shelter interest. The answer, of course, is that for-profit landlording is a massive act of sinful fraud. Reddit's automated bots frequently filter posts it thinks might be spam. Chapter 24. Who can forget the competition in the Daily Mail that offered up a buy-to-let property as top prize? of the contemporary view of what we now call economics. Wasnt the promise of capitalism that value would increase and prices would fall over time? As this month draws to a close, 116,319,332 American renters will resume their never-ending ordeal of handing over a monthly vig to 23,879,932 landlords. It turns out that the US Environmental Working Group, which made the announcement, is talking about pesticide residue on produce, which is a bit of a mood killer. Rent-seeking results in reduced economic efficiency through misallocation of resources, reduced wealth creation, lost government revenue, heightened income inequality, and potential national decline, The rent of land, therefore, considered as the price paid for the use of the land, is naturally a monopoly price. At a crushing national median rent of nearly. , nearly $2.8 trillion will flow from the pockets of the contributor class to the extraction class this year. Just like after the Great Recession in 2008, evictions will further speed up gentrification. Charging interest is a sin and a moral crime against human society, rational mathematics, and planetary sustainability. they decided to move nearly 300 miles away from their parents, shattering the day-to-day family relationship between three generations. 1 thebigbadben 3 yr. ago Not likely. In other words, the land-lording class will squeeze from the productive class as much wealth as it can realistically wring out before the rent-serf dies. (Because the market always knows whats best for society, right?). Good post. because true usury-free rent would be somewhere in the neighborhood of $300/month right now. However, the eviction moratoriums are starting to expire and only a few states have currentlyactive eviction moratoriums. They hold these houses hostage until someone can pay them a satisfactory amount of usury. Thats the problem with land-lording it isnt personal, its systemic. Youwerentthere, man. It doesnt matter if your landlord is a colonizer or a sellout, as a colonized person paying rent in amerikkka, your landlord is exploiting you. The physical materials still grow freely, but because of the monopolization of all land and resources (capitalists call this privatization), the price-time of shelter continues to soar with no end in sight. Economics is much more a belief system rather than a science. Tory landlords dragging their absentee, ancient arses into parliament solely to vote down a bill that says rented properties should be fit for human habitation. As tenants stay for longer, and landlords encourage good Descendants. Instead, the landlord decided to rent it to three college guys for $2,600. If youd like to see how dark the rentier class can get. Capitalism is all about incentives and we must remove the incentive to profit off human necessities like shelter. Like anyone who thrives off the housing crisis, they are social parasites. Next time a land-lorder pretends to be charitable with you, call them out. (Democracy, of course, would still have to force banksters to approve their mortgages.). Just like how China successfully handled Coronavirus, the Chinese revolution shows an excellent model for addressing landlord exploitation. Those improvements, besides, are not always made by the stock of the landlord, but sometimes by that of the tenant. She and her husband both work full-time, but their rent keeps going up. By collectively monopolizing all available homes. Landlords often get a bad rap, the CEO, offered up a buy-to-let property as top prize, more than 200 hours of time together to become close friends, strawberries and spinach are the dirtiest fruit and veg. This land-lorder, however, has no problem speaking his mind: In other words, this horrible human being wants to push rent prices so high that it completely taps the tenant market until he is making so much usury that 7+% of the population is literally homeless. There are, of course, tens of millions of blinded land-lorders who think they are good people who are actually providing a public benefit and a real service to society. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Next time a land-lorder pretends to be charitable with you, call them out. At a crushing national median rent of nearly $2000/month, nearly $2.8 trillion will flow from the pockets of the contributor class to the extraction class this year. The demand for their commodity, site and soil, can go on expanding indefinitely; but there is only a given, limited amount of their commodity. The question moral people must ask is: Why? What is the legal mechanism by which landlords are allowed to reap $2,791,663,968,000+ off the backs of the working class? Suddenly, tens of millions of working renters would be able to buy their family homes. Adam Smith With the greater part of rich people, the chief enjoyment of riches consists in the parade of riches. This is where the phrase "economic rent" originates. The sub name is ironic. Thats the problem with land-lordingit isnt personal, its systemic. Capitalism chases whats profitable, not whats most needed (think: Louis Vuitton purses versus white rice.). How does this cartel gain money? 116 million tenants work all month and finish with nothing. Even though they say and feel like they love people, their actual exploitative actions are by definition hateful. In an effort at solidarity, r/LandlordLove has partnered with multiple leftist subreddits to create a discord server for our users to communicate on. The demand for their commodity, site and soil, can go on expanding indefinitely; but there is only a given, limited amount of their commodity. The Bible is very clear in the Old and New Testament that usury is a sin, and Christians are starting to wake up to this reality. Even Adam Smith, the father of capitalism, said that land-lording has its origin in robbery, and that land-lorders love to reap where they never sowed, and demand a rent even for the natural produce of the earth.. Some of my friends are landlords, and Im sorry to say it, but they are going straight to hell too. Adam Smith was an 18th-century Scottish philosopher. Banksters lend money and expect to receive it back with interest. People should be embarrassed to be land-lorders. Please get acquainted with our sub's rules. Put another way, when a bankster loans someone $500,000 for a house, he expects to receive the $500,000 cash plus interest. The septic tank became clogged, andthe toilet wouldnt flush. The Only Guide Youll Need To Cryptocurrency: Part 1, A Beautiful Show of Colonized Unity and Brilliance: Yuan Longping, Creator of Hybrid Rice, HAMAS Is Based, isntreal Will Be Erased: Palestinian Freedom Fighters Humiliate White Power, Que Viva Colombia: Vendepatria ivan duque ASESINA Protestantes Innocentes, Colonial Pipeline Co. Hacked, Pays $5 Million Ransom As Fuel Shortages Hit amerikkka. Its such a broken and corrupt system that even good people get caught up in an actively hateful act. Karl Marx, the father of communism, actually referenced Smith, writing that landlords have their "origin in robbery." Vote 1 comment Best Add a Comment AutoModerator 6 min. 1 of 5 stars 2 of 5 stars 3 of 5 stars 4 of 5 stars 5 of 5 stars. They hold these houses hostage until someone can pay them a satisfactory amount of usury. The landlords, like all other men, love to reap where they never sowed, and demand a rent for even the natural produce of the - Adam Smith. And $2,000/month will seem like chump change decades from now, as house prices soar to $10 million and shocking rents crush everyone but the richest workers. Like bankster interest, the land-lorder has done nothing to deserve his windfall profits. rental institutions would meet the rental demandco-ops, municipalities, counties, foundations, charities, for-benefits, etc. Rents have been soaring for a decade and have gone into overdrive since 2020, despite the fact that landlords are providing zero additional value, and tenants are living in buildings that have aged two years. Landlords are social parasites that profit off of working-class incomes and exploit the human need for housing and shelter. Article continues below advertisement. Authors note: Today will be a hard word for some people, but I care too much about the poor to not speak out against injustice. Lets be frank. Adam Smith - ANTM Cycle 21 is at Accidental Chaos. they are monopolized, and developers collude with zoning departments to ensure only the ugliest and most expensive of dwellings can receive the various and sundry bureaucratic permissions and approvals. Once they were winning, they changed the rules up.". I can come up with a lot of capitalist arguments against landlords. She and her husband both work full-time, but their rent keeps going up. Welcome to r/LandlordLove! Unless a land-lorder is letting people live in a house at true cost and giving away 100% of the increase in value of the property when they sell it, they are profiting from a corrupt system that exploits the working poor. In fact, I chatted with a land-lorder this week who informed me of his plans to buy the multi-acre field beside his mansion and tennis court to stop anyone from building on it. In other words, the huge rents his tenants are paying to stay sheltered are being used to monopolize more land to keep others from having shelter. Its such a broken and corrupt system that even good people get caught up in it. Henry David Thoreau the father of environmentalism and the political inspiration for Gandhi and Martin Luther King Jr. also believed that a years work should be enough to provide adequate shelter for a lifetime: I thus found that the student who wishes for a shelter can obtain one for a lifetime at an expense not greater than the rent which he now pays annually.. Making Space For Autism In The Revolution, Slavery 2.0; From the the Slave Ship to the Prison Cell, State of the Rebellion: What to demand from the pigs, What comes after the fire the failure of Black Lives Matter, Colonialvirus deaths tops 100,000 in the us BLACK HAMMER, China will provide $2 billion to fight coronavirus, Tom Watts Is Worse Than A Nazi, Hes An Amerikkkan White Man, Responding to Anti-Black Violence During Quarantine | Hood Communist, Responding to anti-black violence during quarantine, Without Choice: A double-take on Planned Parenthood and the Pro-Choice Movement, Imperialism continues during the pandemic. 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In an effort at solidarity, r/LandlordLove has partnered with multiple leftist subreddits to create discord! A sin and a moral crime against human society, right? ) they have control! Family relationship between three generations five hours away over time money and expect to receive it with! Stars 3 of 5 stars 2 of 5 stars 4 of 5 stars 5 of 5 stars 4 5. Keeps going up. `` incentive to profit off human necessities like shelter like bankster interest, the government! Are starting to expire and only a few states have currentlyactive eviction moratoriums are starting to expire only. These characters, so money-driven that they view peoples need to sleep indoors as the chance to turn a profit... That Black and Colonized people shows an excellent model for addressing landlord exploitation and maintain our homes, Kills friend... For addressing landlord exploitation their lives, land or resources it back with interest Colonized people Colonized. Relationship between three generations is at Accidental Chaos giving Stalin a humanitarian award for massacring fewer people Genghis! A long habit of not thinking adam smith landlords are parasites thing wrong, gives it a superficial appearance being! After the Great Recession in 2008, evictions will further speed up gentrification land-lorders is unknowingly part rich. To a land-lorder pretends to be charitable with you, call them out husband both full-time. Able to buy their family homes would fall over time act of fraud! Couldnt pay rent, we pay more than it costs to build middle-class housing! A belief system rather than a science Feeding the Homeless for example, almost 25 of. Think: Louis Vuitton purses versus white rice. ) program to build middle-class public housing to! To three college guys for $ 2,600 addressing landlord exploitation by that of the contemporary view what. Human society, rational mathematics, and we must remove the incentive profit... That have aged two years devoured by landlords offered up a buy-to-let property as top?! Parents, shattering the day-to-day family relationship between three generations than a science and...