appreciate it! there was some point you made too that raising the minimum wage actually helps the top of the LA remain entrenched thru landlordism and that by focusing on land reform (i.e. landback) it might be possible to split off some of the lesser earners of the LA or something like that correct?
Oh yeah. Not only landlordism, but landownerism, people who care about “property values”. Half of land owners are actively workers and half of landlords came from the working class. Overall, it’s like the renting LA is paying dues to the land-market so that it is valuable when they buy into it. Not like this is a conscious action of individuals, it’s just how the relationship between rents and land values works in the US.
thank you again! if you ever write some long condensed form of all your best twitter threads on this could you let me know? i’d like to post it in the news mega, they’re the closest i get to talking to you serious communists on twitter these days lol
appreciate it! there was some point you made too that raising the minimum wage actually helps the top of the LA remain entrenched thru landlordism and that by focusing on land reform (i.e. landback) it might be possible to split off some of the lesser earners of the LA or something like that correct?
Oh yeah. Not only landlordism, but landownerism, people who care about “property values”. Half of land owners are actively workers and half of landlords came from the working class. Overall, it’s like the renting LA is paying dues to the land-market so that it is valuable when they buy into it. Not like this is a conscious action of individuals, it’s just how the relationship between rents and land values works in the US.
thank you again! if you ever write some long condensed form of all your best twitter threads on this could you let me know? i’d like to post it in the news mega, they’re the closest i get to talking to you serious communists on twitter these days lol