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View Diary: Renters make good Democrats, and other demographic observations (129 comments)

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  •  Yes, we agree. Almost always, actually! (1+ / 0-)
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    DocGonzo

    I think the Owners are always conspiring to squeeze more money from the Working people in every way possible.  

    The times we live in are not so economically different from Feudalism.   The serfs pledge allegiance to their giant corporations (lords) and the lords pay as little as possible. Currently corporations hold record profits and record amounts of cash on hand, but there have been precious few raises in wages.

    Small business and independent workers all are beholding to banks and suppliers, which all end up being Owners in the final analysis (Owners are those very few people who do not have to work for a living.  They live only upon the rents they collect whether interest on loans they've given, investments, actual real estate, etc)

    I don't think I'm stopping my thinking. I just see it as a different perspective regarding "rent."

    Of course, I agree with you as to real property, but I also think it carries on to "economic rent" which is money transferred from the working class to the ownership class in my view.  

    For over 30 years, policy has intentionally funneled money to the owners.  That is what has to change, but there is no sign that it is going to.  After watching video of Obama's neoliberal economics speech, I'm sorta depressed.

    "The law is meant to be my servant and not my master, still less my torturer and my murderer." -- James Baldwin. July 11, 1966.

    by YucatanMan on Mon Mar 18, 2013 at 10:16:06 AM PDT

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    •  More Mutual Correction (0+ / 0-)

      Yes, we're on the  same side. I appreciate a dialectic argument: hones both the point and the sharpening tools.

      I suppose that "economic rent" is "rent" since it's a cost paid to someone else who controls what's rented, and it's "economic" since it's a consequence of the economics (eg. a labor monopoly or a government tarrif increasing costs down the line), that's "economic rent". But that is so different from "contract rent" that economists should use a word different from "rent", and any modifier not as redundant as "economic". Semantics is not negligible when it confuses.

      BTW, why "YucatanMan"?

      "When the going gets weird, the weird turn pro." - HST

      by DocGonzo on Mon Mar 18, 2013 at 12:36:06 PM PDT

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      •  Yucatan! I'm there much of the time. (0+ / 0-)

        And soon, perhaps, full time.   Not Cancun or any of the crazy and crazy-priced resort towns.  (A Ben& Jerry's ice cream is more expensive in Cancun than New York City).

        Over in the opposite, sane and violence-free corner of the peninsula is the capital of Yucatan.  One million people, strong city services, excellent health care.

        And then, the Maya.  And history. And no cold winters. and.....

        "The law is meant to be my servant and not my master, still less my torturer and my murderer." -- James Baldwin. July 11, 1966.

        by YucatanMan on Tue Mar 19, 2013 at 02:09:36 PM PDT

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        •  Yucatan (0+ / 0-)

          I spent an equinox in Chichen Itza, and I honeymooned in Tulum, had a gravitational hallucination on the beach at Progreso. Never bothered with Cancun. I banged around Merida with a middle aged character out of a Jimmy Buffet song who claimed his father had been governor for a long time. Yucatan is my favorite part of Mexico.

          "When the going gets weird, the weird turn pro." - HST

          by DocGonzo on Wed Mar 20, 2013 at 07:06:26 PM PDT

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