this post was submitted on 15 Sep 2023
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To quote a brilliant man, Tim Gurner:
They have been paid a lot, to do not that much, and we need to see that change. We need to see insolvency rise. Landlords need to lose 40-50%, in my view. We need to see pain in the owner class. We need to remind people that we produce the value so that they can freeload, not the other way around.
I mean, there has been a systemic change where landlords feel that the tenants are extremely lucky to have them, as opposed to the other way around. So it's a dynamic that has to change. We've got to kill that attitude, and that has to come through hurting the owner class, which is what the whole -- you know, the world -- people are trying to do.
And we're seeing it. I think every capitalist now is seeing it. I mean there is definitely massive discontent going on. People may not be talking about it, but people are definitely agitating and we're starting to see more fear in the owner class. And that has to continue, because that will cascade across the oligarchy.
The stumble at the end of that sentence comes off so much like he was about to say "that's our plan", but realized at the least second he can't give away that there is actually a group of people planning that.
So who was he talking about? The WEF? IMF?
Maybe. But I don't particularly care even if they are planning a global takeover or whatever. I just don't buy the idea of an organized shadowy cabal being able to comprehensively manipulate the world to their will.
Now, there are definitely people with ridiculously outsized influence compared to other people, and they definitely do deliberately try to achieve a specific outcome... and the world does eventually tend to organize itself to the benefit of those people... but it's more a consequence of aligned incentives and feedback loops that make it the most likely outcome given the initial conditions, rather than an open-ended question where they held the sole deciding vote.
And to me... That's actually scarier. The idea that even if we somehow wound up with benevolent people in places of power (which is difficult, because those places of power tend not to attract benevolent people), they would still be paddling against a merciless current of systemic mechanisms that are eager to undo any progress they might make.