Even communism aside, this is actually not uncommon. One of the advances we’ve made in construction is knowing how to save even more money, making the right sacrifices and meeting the minimum bars of code compliance, to maximize our margins.
I don’t know how you say this unironically as criticism. That’s arguably one of the biggest advantages people claim capitalism has: managing finite resources. It’s not a good thing to waste manpower and resources for no real gain.
What gain? More profits for the ultra rich? A dying planet?
People living in comfortable apartments is no real gain in capitalism because it means less ROI. But it is a huge gain to everyone’s quality of life if they can live comfortably.
Market mechanisms are very powerful in optimising resource allocation - but they aren’t optimising for maximum quality of life, they’re optimising for maximum ROI. Which lands in the pockets of the ultra rich, which then allocate the accumulated capital in only those endeavours providing maximum ROI, and the cycle goes on and on until so much wealth is extracted from society that the middle class collapses and the planet dies - and the ultra rich with them, for they depend upon the plebes to work for them in order to have an ultra rich lifestyle in the first place.
I mean if we were trying to house people we should be aiming for inexpensive and non-wasteful building choices, shouldn’t we? When we’re handling basic human needs we send boats full of rice and beans, not a bunch of badass chefs.
I mean it’s kind of a scarcity thing. Resources aren’t infinite. I have no problem with letting people have nice things and would certainly want minimums to be pretty decent, but when you’re getting people off the street or something then efficiency means lives saved.
Did you know that in the USA more buildings are vacant than there are homeless people? So the amount of housing that needs to be built is exactly zero. It’ s not an amount of resources problem, it’s an allocation of resources problem.
It is still a resource problem. There’s a reason NIMBYs exist. Homeless populations have substance, legal and mental issues. The property is pretty much a write off the moment you hand it over.
This is probably where we’ll disagree: I believe that all people living in a humane way is more important than investors’ real estate portfolio valuation.
We have all the money in the world. We have more than enough homes to house people, right now. We have an abundance of housing, of resources to build more housing, of everything. What we do not have is a distribution that allows people who need housing to get it. Instead we have a literal Spiders Georg situation where a tiny fraction of the country each own hundreds of homes they don’t live in or even have any intention of living in. This situation is deranged.
Alright, then show the numbers. Let’s ignore that seizing all that property will go super well. I know, you want people that own more than one house dead, so even include it as double the free housing. Figure out how much it costs to upkeep rental properties. Double it, maybe more, for people that literally don’t give a fuck about it. Add costs for policing the shit.
An apartment complex went up outside my work and it’s made of wood. That’s against fire safety code but they found some creative work arounds to convince the inspectors it was legal. (And of course the inspections are all toadies who have been put in place to rubber stamp developer plans.) Very efficient until it burns down and kills everyone inside.
Even communism aside, this is actually not uncommon. One of the advances we’ve made in construction is knowing how to save even more money, making the right sacrifices and meeting the minimum bars of code compliance, to maximize our margins.
I don’t know how you say this unironically as criticism. That’s arguably one of the biggest advantages people claim capitalism has: managing finite resources. It’s not a good thing to waste manpower and resources for no real gain.
What gain? More profits for the ultra rich? A dying planet?
People living in comfortable apartments is no real gain in capitalism because it means less ROI. But it is a huge gain to everyone’s quality of life if they can live comfortably.
Market mechanisms are very powerful in optimising resource allocation - but they aren’t optimising for maximum quality of life, they’re optimising for maximum ROI. Which lands in the pockets of the ultra rich, which then allocate the accumulated capital in only those endeavours providing maximum ROI, and the cycle goes on and on until so much wealth is extracted from society that the middle class collapses and the planet dies - and the ultra rich with them, for they depend upon the plebes to work for them in order to have an ultra rich lifestyle in the first place.
I mean if we were trying to house people we should be aiming for inexpensive and non-wasteful building choices, shouldn’t we? When we’re handling basic human needs we send boats full of rice and beans, not a bunch of badass chefs.
Why not? Why not let people have nice things?
I mean it’s kind of a scarcity thing. Resources aren’t infinite. I have no problem with letting people have nice things and would certainly want minimums to be pretty decent, but when you’re getting people off the street or something then efficiency means lives saved.
I agree!
Did you know that in the USA more buildings are vacant than there are homeless people? So the amount of housing that needs to be built is exactly zero. It’ s not an amount of resources problem, it’s an allocation of resources problem.
It is still a resource problem. There’s a reason NIMBYs exist. Homeless populations have substance, legal and mental issues. The property is pretty much a write off the moment you hand it over.
This is probably where we’ll disagree: I believe that all people living in a humane way is more important than investors’ real estate portfolio valuation.
copium
We have all the money in the world. We have more than enough homes to house people, right now. We have an abundance of housing, of resources to build more housing, of everything. What we do not have is a distribution that allows people who need housing to get it. Instead we have a literal Spiders Georg situation where a tiny fraction of the country each own hundreds of homes they don’t live in or even have any intention of living in. This situation is deranged.
Alright, then show the numbers. Let’s ignore that seizing all that property will go super well. I know, you want people that own more than one house dead, so even include it as double the free housing. Figure out how much it costs to upkeep rental properties. Double it, maybe more, for people that literally don’t give a fuck about it. Add costs for policing the shit.
Seizure won’t fix it.
They literally sacrificed quality and safety to maximize profits and you call that good? Come on… You’re being too biased.
That’s literally not what I said.
You called the thing I criticized “one of the biggest advantages”.
Hahahahahahahahahahahahahaha
Yeahhhhh…
An apartment complex went up outside my work and it’s made of wood. That’s against fire safety code but they found some creative work arounds to convince the inspectors it was legal. (And of course the inspections are all toadies who have been put in place to rubber stamp developer plans.) Very efficient until it burns down and kills everyone inside.
So it doesn’t actually meet minimum standards?
No, it’s not capitalism, this is definition of economy itself. Which by the way includes communism.
Por que no los dos?
It’s something capitalists claim. Communism claims to distribute things equitably and they have to fight over efficiency. Capitalism is the opposite.
No, communism claims to distribute things fair.
Same does any other economic system, but define efficiency differently.
Fair on both counts.