Views : 22,462
Genre: Education
Date of upload: Apr 7, 2024 ^^
Rating : 4.686 (71/833 LTDR)
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RYD date created : 2024-04-15T10:28:28.068267Z
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Top Comments of this video!! :3
Not true, at least for communist Czechoslovakia where I was brought up. In 80. theere was housing crisis, two or three generations were forced to live together. Trick is -- ut wasn't because lack of money but because lack of material to build the houses from. We had money but there were no goods and materials to buy, you needed to have very good network of social contacts, really good one, to get good things to buy.
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This makes sense for the economy as a whole. You can't really function in an economy if you don't have a roof over your head. You're not going to be buying items for your home, or be able to hold down a job easily if you don't have a home or the home you have takes a huge proportion of your income for rent. Releasing capital into projects, can make the economy grow, instead of locking it away in property!
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Speaking as someone born there, this is a load of bovine manure. Housing was one of the sorest spots of life in the socialist block. There was never enough of it, the floor area and building quality was laughable, three-generation families were often sharing two-room flats, you couldn't get an apartment at all unless you were married, so single professionals were usually living in shared rooms in lousy dormitories... Terrible all around.
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Economist Silvio Gesell developed a model in between capitalism and communism.
- You own everything you worked for, everything you grow or build on a given area of land, but never the land itself.
According to Gesell land should belong to the community and only be leased.
Land and natural resources werenāt created by a particular person or a group of people, and therefore shouldnāt be private property.
(The term "privateā stems from Latin "privareā, which means "stealing")
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@brothermine2292
2 months ago
The problem arose from the idea that people can acquire land, even though land isn't created by human labor.
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