this post was submitted on 13 Sep 2024
1290 points (96.7% liked)
Memes
45661 readers
1059 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The act of landlording creates no Value. There isn't a "most" there, because it creates no Value, period.
Maintenance workers create Value, yes. Landlords are not creating value, here, the workers are. Landlords often pay management firms as well, cutting out all personal involvement. The minor, administrative labor does create Value, but that is incredibly small in the scope of the money expropriated from the renters.
Greed didn't make this happen, Capitalism did. The Mode of Production naturally led to this, it isn't a case of especially greedy people taking power.