• Olgratin_Magmatoe@lemmy.world
          link
          fedilink
          English
          arrow-up
          5
          ·
          2 months ago

          While possible, there is no way to be certain. Corporate interests like these don’t get perpetuated solely by the owning class. It requires swaths of the working class to have stockholm syndrome. So until it devolves into insults, generally I try to give people the benefit of the doubt.

          Botting on the other hand is a different story.

        • Patapon Enjoyer@lemmy.world
          link
          fedilink
          arrow-up
          4
          arrow-down
          1
          ·
          edit-2
          2 months ago

          Don’t attribute to malice what is adequately explained by ignorance. Owners have had centuries of propaganda to fool people that they actually do anything.

        • Olgratin_Magmatoe@lemmy.world
          link
          fedilink
          English
          arrow-up
          3
          arrow-down
          1
          ·
          2 months ago

          It is bizarre that you think that housing is used as a “speculative” investment.

          No it’s not.

          https://create.umn.edu/wp-content/uploads/2020/02/Real-Estate-Speculation.pdf

          people simply need a place where they can store wealth without having it destroyed

          That’s what banks are for.

          If people could use money to store their wealth housing would be demonetized and prices would go down, then your coop model could naturally outcompete renting if it truly is superior. Fix the money, fix the world.

          This is a load of nonsense. People already use money to store their wealth.

          Coops haven’t taken off because it is in the financial interest of the owning class to maintain the status quo. They do everything in their power to buy up every property they can, and to influence the law to keep their business in power.

          The problem is systematic, it requires a fundamental change to the structure of our economy.

                • Olgratin_Magmatoe@lemmy.world
                  link
                  fedilink
                  English
                  arrow-up
                  2
                  arrow-down
                  1
                  ·
                  2 months ago

                  If you believe that a savings account outpace inflation I don’t know how to help you.

                  Mine does, at least, actual inflation.

                  The fake inflation that is just corporate greed is something that can never be outpaced by anything, not even housing as an investment which just makes your point double moot.

                  The solution is to put an end to the current economic system. It’s not serving me or you. It’s just stealing from us:

                  https://www.epi.org/productivity-pay-gap/