'Black Friday'....
#121
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So, then, getting back to your solution ...
#122
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Now your argument is circular, you are saying that the owners should be paid because they are the owner. That they should exercise their right to be paid because they have a right to be paid.
The opportunity cost you invokes applies to the 'commodity' of property in an abstract way and doesn't imply an exchange of cash. If I live on piece of land X, it can't be used say to grow corn on or turn into a theme park, that is the opportunity cost.
Like I said, there is no absolute cost to land. Nobody has to labour to produce land, it comes from nature. So why should we pay for it, or more to the point, pay a private individual so we can live on it? They never produced the land.
The opportunity cost you invokes applies to the 'commodity' of property in an abstract way and doesn't imply an exchange of cash. If I live on piece of land X, it can't be used say to grow corn on or turn into a theme park, that is the opportunity cost.
Like I said, there is no absolute cost to land. Nobody has to labour to produce land, it comes from nature. So why should we pay for it, or more to the point, pay a private individual so we can live on it? They never produced the land.
#123
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That doesn't even make sense Tony, not your finest hour by any stretch.
However if we must use your (very poor) analogy then give us your theory as to what the solution might be. I don't understand why you are being so coy.
#124
So you have your free piece of land and then you build a shelter on it, what then?
#125
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If I was to guess, and I could well be wrong, maybe he feels as land is natural, it shouldn't 'belong' to anyone, and people should just be free to turn up and use it to live off, presumably just paying for whatever they choose to live out of (caravan/tent/tree house/cabin....you get the point) and for what they use. A free for all if you like. If that is not the case, then I honestly do not know, as he is clearly not going to tell us......
#126
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maybe he feels as land is natural, it shouldn't 'belong' to anyone, and people should just be free to turn up and use it to live off, presumably just paying for whatever they choose to live out of (caravan/tent/tree house/cabin....you get the point) and for what they use. A free for all if you like.
#128
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The wiki definition of an economic service:
Property is neither perishable nor consumable being as it is essentially a monopoly right over an area of land. Nothing is used up by the tenant. Nothing is commissioned by the act of renting. Nothing is rendered.
As I've said before a landlord doesn't have to get off their sofa to claim rent, so what exactly is the service being provided?
Why would I have to guarantee purity of the resource? I'm only exercising a license to charge people to breath air within the boundaries defined by that license. If you don't like the air then leave.
You could have said the same thing about Slavery, how it can't be turned back and it's the way things will always be. People used to believe that.
Property is neither perishable nor consumable being as it is essentially a monopoly right over an area of land. Nothing is used up by the tenant. Nothing is commissioned by the act of renting. Nothing is rendered.
As I've said before a landlord doesn't have to get off their sofa to claim rent, so what exactly is the service being provided?
Why would I have to guarantee purity of the resource? I'm only exercising a license to charge people to breath air within the boundaries defined by that license. If you don't like the air then leave.
You could have said the same thing about Slavery, how it can't be turned back and it's the way things will always be. People used to believe that.
Whilst I do get where you are coming from, there is nothing you can do about it without an army...........the same argument you make for BTL can be applied to ANYTHING in this world with a monetary value attached to it. Technically nothing on this planet creates wealth save for Humankind. We invented it. For everything else on this planet they take what they need. We've been sold on want and brainwashed (well, conditioned) to believe want is need. Like I need a car, therefore I need fuel. I don't. I can manage without them, it'll just be far less hassle day-to-day for me to be a sheep like everyone else where this is concerned. That's the choice I make, even though i could blame society for making that choice easier for me.
I take on board the wikipedia definition of "service". I still view being allowed to hire someone's property to live in as being a service. It's a Tertiary Industry, which is predominantly service-based. Rightly or wrongly. The landlord is providing me with the service, which I can only do once at a time, of using their house for a predetermined time for a fixed fee. I could say the same of a Ferry crossing. It's a fixed fee for something I can use once at a time with a predetermined start and finish. Is a Ferry Crossing a service? I think it is, but going by the Wikipedia definition it isn't if the housing rental isn't. Maybe it's the wording. If something can be argued with enough conviction one way or the other it can be said to be right or wrong. If I can argue right is actually wrong, does that mean you were right or wrong. Which then makes you wonder what is right or wrong exactly? Who determines it and were they right in the first place? I mean Laws are constantly challenged, so right must have been wrong at some point or maybe it wasn't quite right enough.
Makes you think doesn't it?
#129
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I'm going to bow out of the air license. Not because I don't have it in me to pull that apart, but simply because whilst there is some logic in your beef with BTL, there isn't an iota of logic in that analogy therefore it will be given the further thought I think it deserves. The sum total of which being this paragraph. The most "valuable commodity" you have is time. Wisdom dictates it'd be unwise to spend any more on that little nugget. It made me think though, so credit to you
#131
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Because he hasn't got a solution. That is the only conclusion I can reach, given the fact he has been asked outright a number of times, and fails to give one, and even makes a ridiculous analogy to further sidestep (well, actually state there is no solution basically).
If I was to guess, and I could well be wrong, maybe he feels as land is natural, it shouldn't 'belong' to anyone, and people should just be free to turn up and use it to live off, presumably just paying for whatever they choose to live out of (caravan/tent/tree house/cabin....you get the point) and for what they use. A free for all if you like. If that is not the case, then I honestly do not know, as he is clearly not going to tell us......
If I was to guess, and I could well be wrong, maybe he feels as land is natural, it shouldn't 'belong' to anyone, and people should just be free to turn up and use it to live off, presumably just paying for whatever they choose to live out of (caravan/tent/tree house/cabin....you get the point) and for what they use. A free for all if you like. If that is not the case, then I honestly do not know, as he is clearly not going to tell us......
If that's what he believes then he should say so, we are all entitled to an opinion.
#132
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Sure, but don't simply believe the current view on property/land has been universal, and hence defines some universal "truth" - plenty of cultures/civilisation have taken a different view, North American Indians, aborigines, tribes in the Amazon rain forest to name a few
#133
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Sure, but don't simply believe the current view on property/land has been universal, and hence defines some universal "truth" - plenty of cultures/civilisation have taken a different view, North American Indians, aborigines, tribes in the Amazon rain forest to name a few
Agreed, and anybody but the most rampant capitalists can see the merit in their viewpoint.
The question is what does Tony feel needs to be done now so that renters aren't exploited.
I'd add Rastafarians to that list as well btw
#134
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Sure, but don't simply believe the current view on property/land has been universal, and hence defines some universal "truth" - plenty of cultures/civilisation have taken a different view, North American Indians, aborigines, tribes in the Amazon rain forest to name a few
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#137
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what I think is true, is that the UK needs to move away from the simple belief that an increase in land (asset) values means we are all getting richer
a women on the radio noted that in 10 years her property had increased in value by 4 times, but her wages had hardly increased at all - presumably because she is not really any more productive, yet she is wealthier, maybe, but a totally synthetic wealth increase
all this focus on asset prices just masks our chronic lack of productivity when compared to other countries - such as the Germans
#138
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yes, sure I understand - in truth maybe there isn't and what we have is the best of the land ownership models that have been invented
what I think is true, is that the UK needs to move away from the simple belief that an increase in land (asset) values means we are all getting richer
a women on the radio noted that in 10 years her property had increased in value by 4 times, but her wages had hardly increased at all - presumably because she is not really any more productive, yet she is wealthier, maybe, but a totally synthetic wealth increase
all this focus on asset prices just masks our chronic lack of productivity when compared to other countries - such as the Germans
what I think is true, is that the UK needs to move away from the simple belief that an increase in land (asset) values means we are all getting richer
a women on the radio noted that in 10 years her property had increased in value by 4 times, but her wages had hardly increased at all - presumably because she is not really any more productive, yet she is wealthier, maybe, but a totally synthetic wealth increase
all this focus on asset prices just masks our chronic lack of productivity when compared to other countries - such as the Germans
#139
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yes, sure I understand - in truth maybe there isn't and what we have is the best of the land ownership models that have been invented
what I think is true, is that the UK needs to move away from the simple belief that an increase in land (asset) values means we are all getting richer
a women on the radio noted that in 10 years her property had increased in value by 4 times, but her wages had hardly increased at all - presumably because she is not really any more productive, yet she is wealthier, maybe, but a totally synthetic wealth increase
all this focus on asset prices just masks our chronic lack of productivity when compared to other countries - such as the Germans
what I think is true, is that the UK needs to move away from the simple belief that an increase in land (asset) values means we are all getting richer
a women on the radio noted that in 10 years her property had increased in value by 4 times, but her wages had hardly increased at all - presumably because she is not really any more productive, yet she is wealthier, maybe, but a totally synthetic wealth increase
all this focus on asset prices just masks our chronic lack of productivity when compared to other countries - such as the Germans
It's a big reason we export naff all and rely on artificial wealth "created" by banks and the housing market.
It's just smoke and mirrors; our real productivity is pathetic considering the knowledge base we have. We've got lazy sitting on our butts "making" money doing nothing other than owning (or mostly borrowing on) a house.
We need to make stuff, grow stuff, innovate, not hedge our bets once again on a virtual economy.
Our deficit is conveniently ignored time and time again; all the government does is fall over itself to fool people into thinking they're wealthy.
It's unsustainable, regardless of supply and demand.
#140
http://www.grundskyld.dk/pdf/Winston...d-Monopoly.pdf
#141
Good post.
It's a big reason we export naff all and rely on artificial wealth "created" by banks and the housing market.
It's just smoke and mirrors; our real productivity is pathetic considering the knowledge base we have. We've got lazy sitting on our butts "making" money doing nothing other than owning (or mostly borrowing on) a house.
We need to make stuff, grow stuff, innovate, not hedge our bets once again on a virtual economy.
Our deficit is conveniently ignored time and time again; all the government does is fall over itself to fool people into thinking they're wealthy.
It's unsustainable, regardless of supply and demand.
It's a big reason we export naff all and rely on artificial wealth "created" by banks and the housing market.
It's just smoke and mirrors; our real productivity is pathetic considering the knowledge base we have. We've got lazy sitting on our butts "making" money doing nothing other than owning (or mostly borrowing on) a house.
We need to make stuff, grow stuff, innovate, not hedge our bets once again on a virtual economy.
Our deficit is conveniently ignored time and time again; all the government does is fall over itself to fool people into thinking they're wealthy.
It's unsustainable, regardless of supply and demand.
#142
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I think TdW draws his 'inspiration' from this:
http://www.grundskyld.dk/pdf/Winston...d-Monopoly.pdf
http://www.grundskyld.dk/pdf/Winston...d-Monopoly.pdf
#144
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#145
So you don't make stuff or grow stuff or innovate, you don't "create" sales, a sale is the act of buying and selling, nothing is created. Your business is in the business to persuade people to part with their money, not far removed from that of the finance industry in that regard.
#146
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So you don't make stuff or grow stuff or innovate, you don't "create" sales, a sale is the act of buying and selling, nothing is created. Your business is in the business to persuade people to part with their money, not far removed from that of the finance industry in that regard.
It's nothing like finance even when you try and spin it.
At its most basic it's targeted, intelligent advertising.
#147
You can quite easily say that banks provides services and products to its customers targeted to their specific need and lifestyle. What's the difference?
Last edited by jonc; 04 December 2014 at 04:21 PM.
#148
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But my point is carrying on from the point you made about how "we" no longer make stuff. Your business doesn't make stuff does it?
You can quite easily say that banks provides services and products to its customers targeted to their specific need and lifestyle. What's the difference?
You can quite easily say that banks provides services and products to its customers targeted to their specific need and lifestyle. What's the difference?
I thought you were reasonably bright....
#150