Dick Smiths Fair Go Supporters · @dsfgs
178 followers · 12401 posts · Server activism.openworlds.info@openrisk@mastodon.green
Yes, one of the single greatest ills of the past decades is the growth in #rentseeking.
Technology appears to be accelerating the growth in #rents.
At the individual level it may be beneficial to enact a MaximumRentalIncome as they have in Germany.
Another option is an exponentally growing #landTax.
We may have started to use the phrase #hyperFinancialisation.
#rentSeeking #rents #LandTax #hyperfinancialisation
Dick Smiths Fair Go Supporters · @dsfgs
178 followers · 12401 posts · Server activism.openworlds.info@cjd
Short Selling is selling something you don't actually own, its a bit like #fraud and comes under the banner of #financialisation. It's built around being destructive rather than productive.
Wasn't it illegal until the 1990s?
#shortSelling #rehypothecation #ownership #hyperFinancialisation
#fraud #financialisation #shortselling #rehypothecation #ownership #hyperfinancialisation
Dick Smiths Fair Go Supporters · @dsfgs
178 followers · 12401 posts · Server activism.openworlds.infoTHIS JUST IN: Refinancing a #homeLoan is supposed to feel like #realWork and an "accomplishment"… they just said it on corporate media, so it much be true.
#neoFeudalism #hyperfinancialisation #refinancing #ponziNation #holesAndHouses #bananaRepublic #australia #indoctrination #bullshitJobs #extraction #television #corporateState
#homeLoan #realWork #neofeudalism #hyperfinancialisation #refinancing #ponziNation #holesAndHouses #bananarepublic #australia #indoctrination #bullshitjobs #extraction #television #corporateState