I don't really see how deregulation is supposed to stop investors from turning living spaces into a speculative asset.
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Regulation is how you prevent all housing projects being luxury properties intended for speculation.
Homes are being built all the time, they just aren't affordable
They aren't affordable because every contractor out there is being paid by investment firms to build glass steel and marble condos that can be rented out for $4000 a month instead of drywall, wood and laminate ones that can be rented out for $2000.
All of the existing drywall, wood, and laminate ones built 30 years ago are falling apart and no new ones are being built
Starter homes do not exist anymore because no one builds them. Only luxury homes for the boomers to downsize to and pocket their fortunes as they move out of the big city.
Doing capitalism harder won't fix the externalities of capitalism. You rent isn't 50% of you income simply because developers feel disincentivized to build residential.
I've worked through the neoliberal talking points I wanted to refute with memes. I'll need to think about some news ideas going forward. Definitely let me know if you have ideas you would like to see drawn. I can link to my other posts if you want examples.
This meme is about Abundance Liberalism. Unlike the article that I’ll link, I would argue that the center-left Democrats are actual leaning right of center neoliberals who are desperately trying to rebrand themselves so they can keep implementing their failed policies.
The new book Abundance by New York Times and Atlantic writers Ezra Klein and Derek Thompson has taken the center-left intelligentsia by storm this week, as it has received backing from outlets ranging from The Economist to Vox while America’s football coach Tim Walz has even endorsed it to a degree. I have not read the book yet, so I will refrain from entering the weeds of the many policy debates it raises, and if you want to read a critique of those weeds, there are thoughtful ones in The Baffler about how “the Abundance authors ask too little of themselves and their readers” and in The American Prospect about the litany of abundance liberalism’s corporate connections that may be informing its market-based policy recommendations.
Pasting this here too.
Abundance is literally just suggesting that we need to capitalism harder to fix capitalism.
Yes. People internalize the flaws of their society as virtues and then iterate on those flaws to make an even worse society.
We need to point all of this out to people now so our choices in the next two elections aren't neoliberals promoting abundance and fascists. Assuming we still have fair and free elections.
What do people think about cross posting? I meant to post this here so I cross posted it. But in general, I assume that's for other people to do, so the post migrates naturally.
Deregulation hasn't ever incrementally improved society. Especially in housing we need more regulation that prevents corporate ownership of homes, among other reforms. In this case I don't think Schumer is anti deregulation because of money.
Deregulation hasn’t ever incrementally improved society. Especially in housing we need more regulation that prevents corporate ownership of homes, among other reforms.
Yes.
In this case I don’t think Schumer is anti deregulation because of money.
Schumer is beholden to billionaire donors that make up the owner class and will act in their interest whatever that interest is.
So if deregulation is against the interests of the owner class then Schumer will be against deregulation. If regulation is against the interests of owner class then Schumer will be against regulation.
Incremental changes like what neoliberals are calling for with abundance liberalism are all doomed to fail. There is an oppositional force, billionaires, that will seek to obstruct or twist any incremental change that is a detrimental to their shared class interests.
“Or, hear me out, we tax that billionaire 100 million dollars, you get to keep a million of that as public campaign finance, and the other 99% goes to building public housing and rent subsidies.”
“But that will make the billionaire angry!”
“Fuck ‘em, were the government, they’ve violated the social contract and thrown in with fascism, they’re lucky we’re not throwing them in jail for all the laws they’ve broken. “
This meme is about Abundance Liberalism. Unlike the article that I'll link, I would argue that the center-left Democrats are actual leaning right of center neoliberals who are desperately trying to rebrand themselves so they can keep implementing their failed policies.
The new book Abundance by New York Times and Atlantic writers Ezra Klein and Derek Thompson has taken the center-left intelligentsia by storm this week, as it has received backing from outlets ranging from The Economist to Vox while America’s football coach Tim Walz has even endorsed it to a degree. I have not read the book yet, so I will refrain from entering the weeds of the many policy debates it raises, and if you want to read a critique of those weeds, there are thoughtful ones in The Baffler about how “the Abundance authors ask too little of themselves and their readers” and in The American Prospect about the litany of abundance liberalism’s corporate connections that may be informing its market-based policy recommendations.
These cultists will never accept that capitalism isn't the only solution. You can't use capitalism to fix problems created by capitalism. Claiming you can is a neoliberal delusion that only paves the road for neo-feudalism; a world where the only option for reform is extralegal violence.
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