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What Capital Never Told You About Rent

58 points · 46 comments · longitudinal93

  1. toaste_ · · focus · HN ↗
    >why the smartest move for capital right now is to compost it back into the systems sustainable wealth depends on

    Sure. In aggregate. See also: &quot;Tragedy of the Commons&quot; and &quot;Everyone Will Not Just&quot;&lt;<a href="https:&#x2F;&#x2F;emilybook.org&#x2F;2024&#x2F;11&#x2F;03&#x2F;everyone-will-not-just&#x2F;" rel="nofollow">https:&#x2F;&#x2F;emilybook.org&#x2F;2024&#x2F;11&#x2F;03&#x2F;everyone-will-not-just&#x2F;&gt;

    Without coordinated effort to limit that extraction it will continue until the resource is exhausted.

    An obvious conclusion is that one function of Government is to coordinating how much extraction is permissible or enforce fair dealing. Capital has spent a great deal of your collected rent persuading people that this idea is wrong and would lead to terrible harms.

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