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#rentiercapitalism — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #rentiercapitalism, aggregated by home.social.

  1. "The real conflict over what kind of economic and political system the Global Majority will have is just gaining momentum.

    Global South countries and others have been driven so deeply into debt that they have been obliged to sell off their public infrastructure to pay its carrying charges. Recovering control of their natural resources and basic infrastructure requires the fiscal right to impose an economic-rent tax on their land, natural resources and monopolies, as well as the legal right to recover environmental cleanup costs caused by foreign oil and mining firms, and to implement financial cleanup costs (i.e., write offs and cancellation) of the foreign debt burden imposed by creditors who have not taken responsibility to ensure that their loans can be paid under existing conditions.

    U.S. evangelistic rhetoric describes the imminent political and economic fracture of the world economy as a “Clash of Civilizations” between democracies (i.e., countries that support U.S. policy) and autocracies (i.e., nations acting independently).

    It would be more accurate to describe this fracture as a fight by the United States and its European and other Western allies against civilization — assuming civilization entails, as it seems it must, the sovereign right of countries to enact their own laws and tax systems for the benefit of their own populations within an international system that has a common set of basic rules and values.

    What Western ideologues call democracy and free markets has turned out to be an aggressive rentier-financial imperialism. And what they call autocracy is a government strong enough to prevent economic polarization between a super-rich rentier class and an impoverished population at large, such as is occurring within the Western oligarchies themselves."

    geopoliticaleconomy.com/2025/0

    #BRICS #USA #Imperialism #FinancialColonialism #PoliticalEconomy #EconomicSovereignty #Rentism #RentierCapitalism

  2. A new Boston Consulting report on #infrastructure costs has found that while UK build costs for infrastructure are around the same as the US, they are well above comparable projects in #Europe (but interestingly less expensive than #Australia).

    Is there something about the #business model (or type of #capitalism) in these three countries that makes such project more expensive than in Europe?

    Three terms come to mind:
    #financialisation
    #rentiercapitalism, &
    #neoliberalism (not a term I like)

  3. Maybe The Business Powers That Be™️ (including the ilk of professional Tim Ferris-type professional d**kholes) don't mind the popularity of stupid & useless "get rich easy" schemes because it normalizes the same morally, ethically & legally dubious business culture they themselves are the only ones to actually benefit from...?

    youtube.com/watch?v=2bq3SdfzcA

    #business #grift #enshittification #RentierCapitalism #BusinessCulture #TomNicholas @pluralistic

  4. Much like the #energy firms doing well out of record energy prices, it now seems the #banking sector is following:

    #Lloyds bank has just announced greatly increased profits - up 80% year on year, for the last quarter - from raised #interestrates;

    Its ever clearer a key element of the #costoflivingcrises has been a flow of funds (ultimately) to #corporate #managers & #shareholders.

    But, pretty much (of course) what one expects from the UK's #rentiercapitalism!
    To those who have, more is given!

  5. Imagine if instead of selling off land to corporate developers to build luxury restaurants & expensive student flats, we demanded non-profit housing cooperatives that kept the money local and provided affordable, freehold starter homes 🤷🏻‍♂️
    #housingCrisis
    #corporateTakeover
    #rentierCapitalism
    #nottingham

  6. I can also imagine nearly entire generations in wealthier countries living as rentiers. Not just single children, but single grandchildren and single great-grandchildren who have the accumulated wealth and properties of multiple generations.

    Somehow I can't see those youth sticking around nostalgia-obsessed gerontocracies. They would probably just migrate to Africa, thereby further starving wealthier countries of youth and wealth.

    #PeakChild #RentierCapitalism #WealthAccumulation #Afrofuturism
  7. What #business both sums up the British people's #nostalgia for the past & is a perfect vehicle of #rentiercapitalism?

    #selfstorage

    Almost all investment is in construction, then sit back & take the unit rents (with little need for refurbs), while people hang on to their past!

  8. What #business both sums up the British people's #nostalgia for the past & is a perfect vehicle of #rentiercapitalism?

    #selfstorage

    Almost all investment is in construction, then sit back & take the unit rents (with little need for refurbs), while people hang on to their past!

  9. What #business both sums up the British people's #nostalgia for the past & is a perfect vehicle of #rentiercapitalism?

    #selfstorage

    Almost all investment is in construction, then sit back & take the unit rents (with little need for refurbs), while people hang on to their past!

  10. What #business both sums up the British people's #nostalgia for the past & is a perfect vehicle of #rentiercapitalism?

    #selfstorage

    Almost all investment is in construction, then sit back & take the unit rents (with little need for refurbs), while people hang on to their past!