It’s seriously so bad. I have a friend who’se family earns a lot of money. Like both his parents work in academia.
And none of the banks would even let them take out a morgtage to buy a modest appartment. It’s ridiculous.
Rentierism is theft.
Rentierism definition
an economic system in which a large share of wealth and income is generated not by producing goods or services, but by owning assets and charging others to use them. These assets might include:
Land (collected via rent),
Financial capital (collected via interest or dividends),
Intellectual property (collected via royalties or licensing),
Infrastructure (collected via usage fees or tolls),
It’s seriously so bad. I have a friend who’se family earns a lot of money. Like both his parents work in academia.
And none of the banks would even let them take out a morgtage to buy a modest appartment. It’s ridiculous.
Rentierism is theft.
Rentierism definition
an economic system in which a large share of wealth and income is generated not by producing goods or services, but by owning assets and charging others to use them. These assets might include:
Ah, I read it as re-enterism and thought there was some kind of Right of Return, and Switzerland was flooded by grandchildren coming back.
Nah. I’m all for free movement. If it was upto me we’d abolish made up lines like borders and let people live wherever they want.