this post was submitted on 21 Aug 2023
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the_dunk_tank

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It's the dunk tank.

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[–] Microtom@hexbear.net 17 points 1 year ago* (last edited 1 year ago)

There's never a reasonable justification to receive a compensation in wealth if you don't produce an equivalent amount, that is unless there's consent. An ownership of money that would allow the acquisition of rental properties isn't a production of wealth that warrants a compensation. It's not a difficult thing to understand.

Even though there's no reasonable justification for it, people capturing wealth still gain bargaining power. They force consumers to either pay a ransom or produce wealth to replace the captured one. Producing two houses to be able to use only one is twice the cost for society. This cost is higher than the cost of the ransom. This is called the exploitation of the cost of producing redundancy.

Just like there's no reasonable justification for being compensated for a sole ownership of anything, there's no reasonable justification for exploiting the cost of producing redundancy.

Exploiting the cost of producing redundancy is literal extortion, which is highly illegal.