It's also mad that this is also the case for adults. When you turn 18, you shouldn't suddenly lose basic rights (like access to food and shelter), but that's exactly what most capitalists want to happen (and so that's how it works).
Goods with inelastic demand shouldn't be driven by the profit motive. Food, healthcare, housing, etc. We can let luxury goods stay within the private sector for now since people don't need them to survive, and come back to that conversation at a later date.
Yup. GPU scalpers do the same thing, they buy up an entire stock, and then restrict supply by only letting a couple units go at a time, which inflates the price.
In housing, capitalists lovingly call this practice "investing", when you buy up land or housing and don't rent it out or sell it, you just let it sit and increase in value.
A set of doctrines or beliefs that are shared by the members of a social group or that form the basis of a political, economic, or other system.
Edit: this response was part of a chain, but I posted it when lemmy.world was having issues and I think my lemmy client couldn't find the comment it was responding to, so it just posted it at the top level, here's the chain for context: https://lemmy.world/comment/1973311
Capitalism is an ideology, you have a very weird relationship with definitions, first denying what scalping is and now denying what an ideology is. I don't know why you choose to live in a world where you just make up your own definitions, but it makes it harder to communicate.
Demand outstrips supply absolutely, and yeah if we built an infinite number of houses we'd have a fine supply, but also if we didn't have 16 million vacant homes we'd also have a fine supply. We currently have more vacant housing units than homeless people (by a factor of ~30), and capitalists are purposefully restricting supply to increase cost.
I don't know why you choose to live in a world where there is only one possible solution to the housing crisis. I've already said building more would obviously help supply, I don't know why you're so ideologically motivated that you can't admit that putting literally millions of housing units on the market would also help supply. You seem to have an inability to even consider that capitalism could have any problems. That's the epitome of an ideologue.
A lot of Americans have negative net worth, so everyone cashing out would likely mean you're still in debt, which is one of the ways our society keeps people trapped.
There's a difference between legal rights and moral rights. Legally you're correct, but 150 years ago people legally had the right to buy slaves, but they didn't have the moral right to.
Similarly, people have the legal right to buy hundreds of acres of land and hold onto it until it increases in value, and then sell it later. This is immoral though, it's scalping. We all understand scalping is bad when it's through the lens of GPUs or consoles because we weren't raised hearing about how "smart investors" invested in GPUs, we just heard about "investing" in housing or land.
If you have a solid argument why scalping houses or land should be permissible and even praised, while scalping GPUs/consoles should be impressible or at least scolded, I'd love to hear why.
I'd assert that scalping necessities is actually worse than scalping luxury goods.
No, they use ActivityPub underneath, so you can go to kbin/mastodon communities/users/etc. from Lemmy and vice versa.
I'm a huge anti-capitalist/socialist, and often times I find it useful to use this mix-up of markets and capitalism in my favor.
When people say "but we need capitalism because the alternative to markets is so bad" I say plainly that I'm not advocating against markets, I'm advocating against classes. The vast majority of self-described capitalists aren't trying to defend massive corporations or employer exploitation, they're defending markets.
If all those pro market capitalists became market socialists, dismantling capitalism would be far easier, then we could have much more interesting discussions about the merits of markets and when to use them versus centralized planning, without a leech class exploiting wage slaves or scalping houses.
Suggesting an alternative industry as an escape from AI doesn't work. The media tried this with the millions of truck drivers, pushing them to go into software development 5-10 years ago, as we started conversations around the impending automation of their careers.
The thought at the time, and this seemed like an accurate forecast to me, was that the tech industry would continue to grow and software engineers would be extraordinarily safe for decades to come. I was already in this profession, so I figured my career was safe for a long while.
Then a massive AI boom happened this year that I hadn't anticipated would come for 15ish more years, and similarly AI experts are now pushing up predictions of AGI by literally decades, average estimates being under 10 years now instead of 30 years.
At the same time, the tech industry went through massive layoffs. Outsourcing, massive increases in output with generative AI automating away repetitive copy/paste programming or even slightly more complicated boilerplate that isn't strictly copy/paste, amongst natural capitalist tendencies to want to restrict high value labor to keep it cheap.
Those people who shifted away from truck driving and towards software engineer 4+ years ago, thinking it was a "safe path" and now being told that it's impossible to find a junior dev position might become desperate enough to change paths again. Maybe they'll take your advice and join a trade school, only to find in 4 years we'll hit massive advancements in robotics and AGI that allows general problem solving skills from robots in the real world.
We already have the tech for it. Boston dynamics has showcased robots that can move more than fluently enough to be a plumber, electrician, etc. Now we just need to combine generative AI with senses and the ability to process information from those senses and react (this already works with images, moving to a video feed and eventually touch/sound/etc is a next step).
While everyone constantly plays a game of chicken, trying to move around this massive reserve army of labor, we'll see housing scalpers continue to raise rents, and cost of living becoming prohibitive for this growing class of underemployed or unemployed people. The reserve army of labor, when kept around 5-10% of the population, serves as an incentive for people to be obedient workers and not to rock the bed too much. That number growing to 20-50% is enough to rock the bed, and capitalists will advocate for what they've already advocated in the third world, a massive reduction or total annihilation of welfare, so millions more can starve to death.
We already have millions of people dying a year due to starvation, and nearly a billion people are malnourished due to lack of food access. Raising this number is a logical next step for capitalists as workers try to fight for a share of the automated economy.
And for the people like you who happen to live in the new Fascist America, fuck them? Fascism is not a joke you can just quarantine, it's hyper militaristic and imperialistic. If the country split, and one half was fascist, we'd be at war within a decade.
Imagine going to a niche subreddit, calling everyone in it a shitbag, and then using anything remotely hostile thrown back at you as evidence that you're right.
Let us live in peace, you're free to keep paying for tortured animal carcasses (and thank God, imagine how cruel a world it would be where animal abuse/killing was outlawed /s) and we're free to eat plants.
I don't go to meat eater communities and call out everyone there for paying into systems that abuse and torture sentient creatures, even though I would be just stating facts about what people are doing, not calling them names like you are.
People should separate the quality of the products, produced by the workers, from the batshit insane politics and mindset of the owners. I have a Tesla, and I recognize Elon is a protofascist dick, but the CEOs of other companies are just better at maintaining their image, they're part of the same parasitic class that Elon is a part of.
I bought a Tesla for the power, infrastructure, etc. but I don't generally recommend Teslas. If you don't care about 0-60 time, and you can hold out until 2024/2025, lots of EVs will adopt the NACS standard and be able to use almost the entire supercharging network. Other vehicles will likely be better and/or cheaper.
Mostly agree, but the "incentive" focus is a misnomer. Humans don't just sit around and stare at walls when they're not "incentivized". Incentives in sociopolitics is just a rebranding of coercion, getting people to do things they don't want to do. People are incentivized/coerced to work at McDonald's because otherwise they'll live on the streets, the housing scalpers will make sure of it.
FOSS exists and isn't at risk of dying. Yeah, it's ideal if the people working on FOSS things don't have to also work a soul crushing day job, and yeah maybe when their soul is crushed they'll lose interest in the things they enjoy doing, but we shouldn't frame that as them getting jaded towards FOSS projects. It's actually just depression, and it impacts other hobbies too.
All that being said, I'm all for donations to people who do FOSS work so they can escape and do the things they love, it means better FOSS products and happier developers.
As a vegan this is the best non-vegan take I've ever seen, thanks. I'll have to find a pig to staple my phone to.