Why You Don't Actually Own Anything Under Capitalism

I'm very excited to announce that the first four episodes of my Original Series, The New F-Word, are available right now on Nebula! Get free access to the series, and much more, when you sign up for CuriosityStream! Visit curiositystream.com/secondtho...
Why You Don't Actually Own Anything Under Capitalism - Second Thought
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Citations and Further Reading:
Personal vs. private property
• Do Socialists Just Wan...
Kindles, Keurigs, John Deere and ownership
books.google.com/books?id=1zt...
money.cnn.com/2015/02/03/tech...
66% homeownership rate
www.census.gov/housing/hvs/fi...
Declining homeownership rate
www.ecb.europa.eu/pub/economi...
60% of homeowners have a mortgage
www.urban.org/urban-wire/mort...
Millennials don’t want to own things/homes
/ why-the-younger-genera...
www.businessinsider.com/mille...
Poverty and profit under capitalism
• Fundamentals of Marx: ...
• Why Capitalism Will Al...
Trends in income/wealth inequality
www.pewresearch.org/social-tr...
Minimum wage should be over $20 by now
www.cbsnews.com/news/minimum-...
HBO removes shows
variety.com/2022/tv/news/hbo-...
Personal property, rent, capitalism
books.google.com/books?id=ZFd...
• Socialism Isn’t a Thre...
jpia.princeton.edu/news/somet...
jacobin.com/2013/04/we-have-a...
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[@SecondThought]

Howdy, friends! Thanks for watching this week's episode. If you haven't already heard, I'm in the process of producing a 10-part series on the history and resurgence of fascism around the world. It's called The New F-Word, and the first four episodes are available on Nebula right now! I'm really proud of how it's coming along so far, so it would mean a lot to me if you'd check it out. If you already have a Nebula subscription, here's a direct link to the series: nebula.tv/thenewfword If you don't have a Nebula account yet, you're in luck! You can get free access to Nebula when you sign up for CuriosityStream with my link! It's like 12 bucks a year for full access to both platforms, which is (in my opinion) the best deal in streaming. If you wanna give it a shot, visit curiositystream.com/secondthought ! Thanks so much for your support 🙏

[@newtrebel]

I'm going to give this a try soon, you and other creators have done so much to convince me to support this YT alternative. Also, thanks for pointing out that this video in no way should encourage people to fall for simplistic and harmful conspiracy theories. Unfortunately, there's already quite a few Schwab 'quotes' in the comments, I suspect because of the title you chose. It's a good title, just unfortunate that politicians (on the far right mostly) have been spreading these often anti-semitic BS stories among insecure people. It's something I struggle with daily, as those people could really benefit from learning more about socialist causes and organizing.

[@thecatsbackyard4833]

Solid vid JT.

[@modemmark421]

I stand with Bernie Sanders because *BERNIE* *SANDERS* *STANDS* *FOR* *US!!!!*

[@modemmark421]

*Capitalism* = free-dumb. Free-Dumb! FREE FREE FREE *FREEEEE* *DuHHHHHHM!!!!*

[@newtrebel]

Just subscribed and already overwhelmed by the library, guess I'll start with The New F-Word and continue from there. Curiosity Stream in itself is already HUGE as well 😵

[@codacreator6162]

I remember in the 80s how the media were reporting why we started job-hopping. They kept saying we were picky and short-cutting the corporate ladder climb when all we were really doing was scrambling for wages sufficient to living. That was the beginning.

[@ernststravoblofeld]

In a lot of industries, the only way to get a raise is to go somewhere else.

[@iche9373]

those damned neoliberals

[@jsull81]

Yep, the beginning of the end 😔

[@garethbaus5471]

@@ernststravoblofeld Which is counterintuitive since you are generally most knowledgeable about the company you have been working at for the past few years, and most workers are effectively unproductive when they are first hired since they need to learn a given companies peculiarities so it isn't like your replacement is likely to be better or the person you are replacing is likely to be worse at a given job.

[@GTAVictor9128]

Boomers: "If you don't like your job, you can quit and find another job!" Also Boomers: "Why are these damn Millenials job-hopping so much?"

[@sduke39]

As a boomer I feel like my generation gave up on our lofty ideals of the 60's. We were all about fighting the system, making the world a better place through peace and love, and justice for all. Then instead we just became the system and stole the futures of our children and grand children for our own comfort and wants. I'm so disappointed in how my generation has left future generations to pay for our greed and lifestyles. The "Woodstock" generation became the "We-took" generation.

[@peterolbrisch8970]

You have the right to blame yourself, not anybody else.

[@gexenterthegecko252]

w boomer

[@peterolbrisch8970]

@@youtubesucks1499 He's just spouting the. company line, typical sheep.

[@benjaminhenderson5025]

@Peter Olbrisch lol, and im SURE you've never been judgemental of any other generation.....

[@iExploder]

@@benjaminhenderson5025 Right? The first ones to say "don't judge Boomers" are the first ones to criticize millennials and Gen Z for shit they made up.

[@RexCogitans]

My favorite non-ownership model is the library. It should be the standard model for entertainment, tools you don't use very often and so much more.

[@No-cg9kj]

You would like The Venus Project and the "resource based economy" model.

[@RexCogitans]

@@DeathAndTaxesAbolitionist That's very interesting, what are they like in republican run areas and what will they be like when you abolish taxes?

[@RexCogitans]

@@mchobbit2951 😅 who knows, maybe I'll get a really insightful elaborate answer. I'm not holding my breath

[@RexCogitans]

@@DeathAndTaxesAbolitionist Thank you for the answer. So I take it that libraries in republican areas aren't any better? Then why did you specify democrat areas? I don't know at all, I live in a different country. A pay as you go model and charity / volunteerism, right? So you would go to a library and pay a fee every time you wanted to read a book? Okay. I have a feeling what you would actually like is for every artist two decide for themselves how to monetize their product. Whether that is pay as you go, subscription, charity etc. Isn't that right? You don't want to force artists to sell their products in a way they don't want. So my hypothesis is that a lot of artists might feel like a library model, much like it is today is a good way for them to be fairly compensated for their work and their works are still publicly available. So in our shared society, I would have to find a way to fund the libraries and more importantly the artists, without taxes and you wouldn't stop any artists who felt that was a good way to sell monetize their product. If your American libraries are actually homeless shelters, that seems to have very little to do with libraries, they are rarely if ever like that elsewhere. It shows that you are not dealing with homeless people in a functioning way. Maybe if democrats and republicans came up with actual solutions to homelessness, libraries would be nice places to be. Areas for learning and sharing knowledge. Just a thought. I'd really like to hear more about your thoughts. I'm sorry I was dismissive in the earlier reply to the other respondent.

[@c.d.dailey8013]

I was thinking of that. The Kindle thing is ridiculous. If I wanted to "rent" a book, I would rather do it at the library for free.

[@Arsenic71]

Another example is the "right to repair" (it became somewhat famous due to several 'unauthorized' Apple repair shops being sued by Apple). It seems even when you buy an iPhone, you don't really own it because according to Apple, it's illegal to jailbreak it, install custom ROMs or even get it properly repaired (instead of only replaced). In the EU there is an initiative to cement the right to repair in law, especially for environmental reasons.

[@roxanneconner7185]

I hope we can do this in the US as well. In the video he mentions tractors in the same breath as digital music, but please remember where we get our food. The right to repair essential tools like tractors should be an absolute right.

[@armandoarmandonis9947]

That's why I love being in the EU: they actually work for costumers and small businesses, and not for the richest of the richest, so a lot of problems I hear from americans are completely alien to me. Thanks EU!

[@porterwake3898]

If you buy an expensive phone like that, you're the chump.

[@justsomeguy1408]

One of the most frustrating aspects of this topic is that, because we don't own anything, it makes it harder to effect the kind of direct action and change that could start helping our communities thrive. For example, my city has more unoccupied, foreclosed buildings than I can count, and also has a growing population of unhoused folks. We could be fixing up these unoccupied buildings and outfitting them to be housing, but we can't because they're all owned by entities that would rather let them sit empty and rot than be useful to the community. It's infuriating.

[@RobinHerzig]

Great example of late-stage capitalism right there in your own community 😕

[@irelandaintreal2945]

i know you’re trying to give back dignity to homeless people when you say unhoused, but really you’re better of saying homeless. there’s no dignity at all in not having somewhere stable to sleep, no point using a sanitized impersonal word to express that. just my opinion, anyways.

[@goste4]

@@irelandaintreal2945 I'm pretty sure using "unhoused" is NOT about giving back dignity to people facing that unfortunate personal issue. It's about using a term that reminds us of that there is a socioeconomic aspect to the issue. The term "Homeless" implies that society made an oopsie and simply didn't build enough housing and now some unlucky (and/or undeserving) folks simply lost the round of musical chairs due to their own personal failings. Using "Unhoused" instead is supposed to remind us that society does in fact have plenty of housing for everybody already, we simply choose to restrict people from using it for (capitalism) reasons.

[@marsrover001]

There's several zines on how to take a building and squat.

[@leechgrl]

@@marsrover001 and several mutual aid groups already engaged in building squats for the homeless! Get involved if you can OP!! if not rememeber Organize, Unionize, Protest, Petition

[@antimattv]

Just remember: All of that money goes somewhere. And once it gets there it usually doesn't move very much.

[@ecosan2655]

Just like on a toilet

[@antpoo]

It always moves. The banking and investing system is a closed loop. A million people could have the same $1 in their bank accounts and think it’s theirs but it isn’t. The money is always moving, never sitting.

[@Absthemexican11]

Damn, the “license to make toast in your own damn toaster” accidentally predicted the way privatization and licensing has removed our ability to actually own and use the things we pay for…

[@meatmoneymilkmonogamyequal5583]

isn't too much!

[@heloyou2b]

Get ready for new BMW with seat heating subscription option 😉

[@youtubeuniversity3638]

@@heloyou2b Use it as a toaster.

[@FlamingKetchup]

Cory Doctorow actually wrote a story around that premised (called "Unauthorized Bread")

[@reinodeforaminia8322]

The things that happen when state regulates

[@TheNeoVid]

We need to make the divide between private property, public property and personal property clearer to the average person. For example: under a perfect capitalist system, there would be no personal or public property, so you would be renting your house and your toothbrush, paying to use the sidewalk, and buying a ticket to enter the park.

[@CSSLZT13]

Renting a toothbrush seems a little unhygienic-- can't ya catch other people's cavities that way?

[@Harryjackgross]

All the better for capitalism - you pay more in dental fees

[@noahchicoine4780]

" Ok, but that's worse. You do get how that's worse, right?" - Chidi

[@PrettyPrincess9609]

I find it crazy that some of us can’t afford to buy a home yet we have to pay $1400 to $2000 for rent.

[@AssBlasster]

Or the classic, paying more to rent an apartment than a cheaper mortgage for an equivalent house.

[@cetriyasArtnComicsChannel]

had to 'finagle' my DTI to get my small crap house that would cost me (at the time) the same paying in. rent for just a small studio. Now? there's no way Id be able to afford current rent but my home loan has stayed the same.

[@garethbaus5471]

@@AssBlasster Rent is almost always more expensive than a mortgage utilities and maintenance otherwise the landlord wouldn't make money, the hard part of buying a home is getting the credit, not actually paying for it(which isn't necessarily easy to begin with).

[@sataniccabal4276]

It gets worse. At the beginning of my lease, my apartment was $2400 a month. A few years later, it’s now $3100 and the view only became worse, because the same company built a copy of the same building across the street.

[@iche9373]

You can actually buy a home - somewhere in this world.

[@bb1televator]

I completely agree with the premise here but I think the case could be stronger if you mention how when people become homeless, the police can come and trash their personal property inside any makeshift shelter. In fact police are probably the clearest example of how your personal property is literally forfeit, often at a whim, homeless or not

[@Dragrath1]

Don't forget the whole "imminent domain" thing where governments can literally take your property and give it to someone else. I know of a neighborhood where all the people got kicked out of their homes and then effectively give that land to businesses (technically it was to widen the road but the amount of land they used for that purpose was quite small compared to the size of the lots the rest was sold to construct a business park within an already highly congested area. Naturally the community which had their lives destroyed was an African American community with a church that was over a century old. In terms of taking personal property this is probably the most virulent example.

[@jooot_6850]

The M249 SAW in my car’s trunk:

[@user-gz4ve8mw9l]

The police do that to people who aren't homeless to. I was one of them they trashed my house and stole a lot of my personal property. Happen to a lot of people tragically and no recourse even if you've done nothing wrong whatsoever according to the law... That said they definitely screw homeless people over far more often than not.

[@coolioso808]

Every step of the way when people try to resist the structural violence and indignity of capitalism they powerful institutions try to destroy those efforts. Why? Again, like the host said, it's not so much individuals just being Evil Villains like some Lex Luthor boss, it's more about common interests and incentives in the capitalist system that are anti-human, unhealthy, unjust and exclusionary. The whole system needs to change if we want a better society. That's why I suggest unity across class lines. Include students and young people in the class of workers. Workers, humans of Earth are resisting the structural violence and inequality generated by the system of monetary-market capitalism on a world stage. The super rich ownership class are the symbols of structural violence and should they be shamed and pressured to help transition to a more sustainable, healthy system? Yes. In this case, social pressure is what is needed. Not saying violence. Talking social pressure. The same type of social pressure we usually use on people showing individual negative or selfish behaviours. We don't think kindly of it and call it out and try to prevent people from hurting themselves or others, especially when we have numbers to help. There are resources out there for people to find out more. More great channels like this one including TZMOfficialChannel or Our Changing Climate. Hope to see you folks pushing for the system change we all could benefit from and free humanity from the capitalist death spiral we are headed on now.

[@BreadFred3]

Even police officers are struggling to pay rent. Most NYPD officers live outside the city.

[@orangeapples]

It’s honestly rather silly how “capitalism allows one to get out of poverty” when capitalism is what puts people in poverty in the first place.

[@salsa564]

Sort of. Capitalism can create poverty, but it also brings a lot of people out of poverty as well. What matters most is that people have a way of claiming the economic water, this is what creates development, and the middle class. Countries and economies do this differently, but as long as the results are positive ultimately does not matter how one gets there. The Nordic countries are a good example of us. The Nordic countries, historically have always been very free markets, with minimal regulation and low taxes on the people. This has worked well for them, it has brought hundreds of years of economic prosperity and wealth. In our country, this would not work, but for them it does, because they are small countries with small populations, and rely heavily on outside investment. Also, behavioral economics works differently for them than it does in our country. Many small countries have taken the small open economy route. For them, it works best.

[@roxycauldwell544]

@@salsa564 this is true too. I think unchecked capitalism kills people, there needs to be SOME regulation. My realtor used to tell me stories about how bug corporations are able to completely monopolize now because there's nothing in place to stop them

[@arran6369]

Hey uh, you remember the entirety of human societal history before capitalism? What do you subscribe all that poverty to?

[@itzcaleb1776]

People who live in Socialist countries you guts can get out of poverty

[@salsa564]

@@itzcaleb1776 speak English lol

[@JackPinesBlacksmithing]

I’ve been saying for about a decade that we’re trading convenience and access for ownership. My epiphany came when I realized about a decade ago that if Steam folded, I’d lose access to my “owned” games. Now, Stadia proved it.

[@JackPinesBlacksmithing]

@@just_here I love GOG! It’s my go to way to know what games I “own” where and my principle place to actually purchase games.

[@hflx]

I love the word epiphany hehehe. Not only , but maybe you never be able to play old games in the future because they dont even exist, at least not the true experience. Everything is somehow dependent on the "Cloud", there is no true offline gaming that you can simple turn on on PC, that will be very sad The Day After Doomsday....

[@seminolefantodd4736]

I'm 61 and it was my daughter who explained the difference between gender and sex. Now you have explained the difference between private and personal property. I really appreciate your channel & views, share this channel with my daughters (who are 34 and 30) and last year signed up to Curiosity Stream and Nebula because of my interest in your series, The New F-Word. Keep up your good work because it is important. I am at the rear end of the Boomer generation who "effed-up" and voted for Reagan who pushed the trickle-down nonsense that led to income and outcome inequality. I tell my daughters it is up to your generation to repair the damage my generation's ignorance created.

[@SecondThought]

I admire your open-mindedness! Thank you for sharing

[@InternetPers0n]

I appreciate you :)

[@patrick7742]

This is awesome, I really hope to open my dad's eyes the same way. But he shut's down any theory I throw out unless I can prove I learned it from fucking Harvard.

[@InternetPers0n]

@@patrick7742 I feel you

[@thetoxbloxer503]

we appreciate you

[@seitanbeatsyourmeat666]

Somthing I like about Italy is that you don’t pay property tax on your first home, only if you buy another home because that’s considered a luxury (which it totally is). Social programs like national healthcare, are paid from payroll taxes …as it should be. We pay less in tax here than I did in America if you add the monthly insurance premiums (not even including the co-pays, yearly contribution before insurance kicks in, etc. just the monthly premiums; if the other expenses are factored in we’d pay much less in tax here) to the US tax rate i was paying. I love the healthcare system here. Sure, it’s not perfect because nothing ever is… but after twisting my ankle, my husband insisted on going to the ER and having it checked out. I was afraid because I know the US system. It took about 1.5 hours total and cost nothing for the exam, x-rays and prescription. Americans could have this freedom, but politicians don’t care about the people

[@jonstone9741]

Too many Americans are too stupid or brainwashed to understand that Medicare for All would be better and cheaper for most Americans than the current system.

[@guy-sl3kr]

@@jonstone9741 Improved healthcare is actually very popular here. So are environmental regulations, gun control, queer rights, women's rights, worker's rights etc. Among Democrats and Republicans and unaligned people alike. Don't make the mistake of thinking that the actions of the government reflect the will of the people because this country is absolutely not a democracy lmao. The state and its corporate media have gotten so divorced from reality that it'd be comical if they weren't so fascist.

[@minimalistvlogger3467]

do you get those benefits even if you move to italy?

[@wyleong4326]

Same in Malaysia. But with higher tax on the second home. They still want the first house tax. Hahaha...

[@doomsdayrabbit4398]

Our legislatures are tiny compared to the rest of the world.

[@thexalon]

The thing about rents that capitalists love is that they continue to make money off of you regardless of whether they produce or provide anything at all.

[@FutureEngine]

It was literally the Foundation of feudalism... To charge people to exist in a certain place through the threat of expulsion via police force. Only in that case military were the police... Always the bootlickers.

[@hflx]

Not only that, its a very simple way to MONOPOLIZE. It's start cheap so you consider a good idea not to own but as soon as you are a platform captive they will start increasing their fees... This is whats happening to video streaming, google drive, etc.

[@embyratwood690]

Having interacted with my fair share of landlords, there’s definitely ill will towards the poor. Anecdotal I know, but every landlord treated me and other renters like a necessary inconvenience at best, and criminals as worst.

[@user-gz4ve8mw9l]

I've had one reasonable landlord out of the 4 I've had to date in my life. He only owned 3 townhouses+his own home. Would only charge a late fee if you weren't able to pay on time. So long as it was the same month rent was due. Would come out to mow the lawn once a month for the properties. Not to mention was usually reasonable with repairs and maintenance in general. But the properties are often in terrible shape and all not been altered since the 1970-80s typically. Even a friendly landlord is a bad landlord just for existing. Landlords shouldn't exist in the first place irregardless. A friendly billionaire is still a criminal by default for being a billionaire. Given what such things entail just as a murder whose friendly is still a murderer all the same.

[@COMPUTER.SCIENCE.]

@@user-gz4ve8mw9l yup, just sitting on your a** collecting most part of people's hard earned money is just WRONG. Investments like this should be discouraged, by the govt uses tax money to ACTUALLY BUILD MORE HOUSES, instead of forwarding the money to landlords! They need to find a better way to actually invest, not hold properties hostaged and legally owned by previous generations so that the newer generations have nothing left to own. And then you wonder why the young angry youngsters these days hate seniors to the point of wanting them to die out. It's not the people's fault for believing in the govt, but their social security system is one of the biggest fraud right there.

[@barkobama7385]

Our history books in the west conveniently leave out the reason why Mao had all the landlords murdered during the revolution.

[@user-gz4ve8mw9l]

@@barkobama7385 The history books conveniently leave out a great deal many things. Not to mention distort history quite a bit. As well as outright fictitious lies about what really happened.

[@AaaaandAction]

History books are written by the winners!

[@janiron1899]

It's astonishing (in a troubling way) how creative capitalism is at redistributing wealth upwards. Streaming is a good example of this.

[@meomeo-ue7qd]

not capitalism you need to blame the people not our system they abuse's every dam day

[@Fred_the_1996]

@@meomeo-ue7qd we can blame the system if it rewards such behaviour though. it's like giving everyone a formula 1 car and complaining that they don't stick to the speed limit. The people are not the issue, it's the system itself

[@pgm8464]

@@Fred_the_1996 This is so obvious yet so many people don't realise this.

[@mcmans.]

What Bail Out are We Talking about ? THE US IS NOT FREE, NOR IS THE US "FREE MARKET CAPITALISM". THE OP CORRECT. CAPITALISM IS ANOTHER WORD FOR SOCIALISM. THEY ARE SUPPOSED TO BE DIFFERENT BUT THEY ARE JUST DIFFERENT WORDS FOR THE "SYSTEM" CAPITALISM IS GREAT AT REDISTRIBUTING WEALTH TO THE TOP 1% AT THE EXPENSE OF THE WORKING SOCIETY.

[@AA-hg5fk]

Disagree, streaming is poor example of this, the guy in the video even explains why (it is more convenient for many people).

[@doodle3984]

one example that is truly horrfying to me is when companies like monsanto own seeds and sue innocent farmers for growing from seeds in the fruits they grew. its bizarre. how lays could copywright a potatoe. a whole potatoe type and farmers were taken to court for just growing a potatoe.

[@doodle3984]

@@francismarion6400 Biden's government has no socialists at all. Lobbying is an essential part of capitalism. It's only legal in the usa and Europe the flag bearers of capitalism and no where else.

[@doodle3984]

@@donovanjones4175 wtf that's borderline evil

[@jonathanz.9675]

It is evil. I heard that, if seeds blow in from another farm that are under copyright, and they happen to grow in a part of your field and you accidentally harvest them, you are doomed if they find out and sue you for using their material without purchasing it

[@studioplopmemes2985]

making seeds infertile is one of the worst things you can do just to get some more cash

[@frohnatur9806]

@Donovan Jones while I do think they're evil, since companies can't make it big by being nice and they're heavy polluters too there's a very good and important thing to their infertile plants: They're incapable of spreading around the world. Some people, probably less so in the US, are very paranoid about GMOs. Some think they'll modify your DNA, which is bullshit. They're just designer plants. The problem with GMOs in my opinion is that each individual modification could have some unforeseen consequences. For example, the gene that makes a fruit grow bigger and juicer might also help produce chemicals in it that make humans unfertile, or be harmful in some other way. That's why I'm okay with GMOs, AS LONG AS their reproduction is tightly controlled, which is rather easy in animals, but impossible in most plants without making them infertile. So Monsanto's one-year seeds are pretty much the middle ground between having no GM plants whatsoever for safety reasons and permanently spreading unknown risks around the world. (by the way I'm not an expert on genetic modification or plants specifically, but I do have a degree in molecular biology)

[@Entelehija]

It is also interesting how when you actually own something tangible, you appreciate it more. When I started collecting vinyl and records I realised that I pay more attention to the process of setting up everything and focusing on listening more to the music. I don’t just skip to another song like on YT or Spotify. You start appreciating the art more. But I guess that is another topic related to consumerism and binge culture.

[@CSSLZT13]

Agreed. Even before streaming became mainstream, I still preferred to spend hard earned money on physical music media, as I learned early on that artists really appreciate a purchase, so even today, I'll still buy CD's and MP3's of my favorite artists. I tend to listen more often to music I purchase, anyway-- I have to get my money's worth back somehow.

[@Fenrires]

I’m autistic. I lost my home of 15 years (a bedsit in London I was getting housing benefit from the government to pay for) this spring. I was evicted with three months notice, as they were increasing the rent 150%. I’ve been homeless since, sleeping in a vehicle with no insulation.

[@CSSLZT13]

Damn, so sorry you're going through all this! Well wishes being sent your way!

[@Fenrires]

@@CSSLZT13 thank you, it’s much warmer in summer, getting easier

[@cassielee1114]

That’s shit. Everything’s changed so much. I would refuse to leave the council office. With an autism diagnosis use the word “vulnerable” and demand to be homed. Threaten to go to the press. Communicate by email not in person or by phone, then you can’t be fobbed off so easy as you have proof of your actions and their lack of action.

[@FalconsEye58094]

My mother once told me you think owning a home means you’re safe? if she misses one months payment on her house, watch how quickly the bank puts it into foreclosure

[@forbidden-cyrillic-handle]

I don't understand how the bank could do anything to home that is yours. Unless you willingly signed a contract to let them do it.

[@SineN0mine3]

@@forbidden-cyrillic-handle They don't own the home in this case, they have borrowed money to buy the home in a mortgage and used the house as collateral/leverage. If they buy the home and own it they would only need to pay the taxes and property rates required by the government, and failing to do so would not usually result in losing their house. A lot of people seem to misunderstand what a mortgage is, but you don't own the house until you have paid for it. Banks would usually rather loan you more money to keep your mortgage going than have to forcibly remove you from your house and then sell it. It can happen, but it's not going to be the result of a single missed payment.

[@mechanomics2649]

@@forbidden-cyrillic-handle Signing a contract is the only way the majority of people will "own" a house. It's exploitative.

[@forbidden-cyrillic-handle]

@@SineN0mine3 Well, he was talking about owning a home and safety. Clearly we both agree there is no home that is owned. Maybe in the future, if certain conditions are met. But not at the moment in which the bank can do that.

[@forbidden-cyrillic-handle]

@@mechanomics2649 "Will" is the word here. They do not own a home. They maybe will own a home.

[@rebeccavassar4758]

I'd love to point out a segment skipped: borrowing. Not renting and not owning. Libraries are a huge example of this, but there is also borrowing from a friend or family member. This is a huge money saving hack and avoids transactions. I lend a device to my friends, and they don't spend money. Of course it was once purchased (this goes for libraries as well) but the utility is maximized w/o constant spending put on the individual.

[@andshescallingacab4346]

Andrewism has a great video on library economy :)

[@Envy_May]

@Robert Melanson oh god

[@aidancampbell5644]

When capitalism’s advocates talk about “lifting people out of poverty”, they are talking about a very specific (and somewhat arbitrary) metric: getting people living on more than $2 a day. That is the internationally recognised poverty line, and it’s the figure used for that statistic. However, this is obviously not a good metric. $2 a day in America (along with every other developed nation) is well below the poverty line. The real kicker is that the way capitalism has achieved this “lifting people out of poverty) is by shifting production around the world, chasing those places where $2 a day is still an improvement in people’s lives. If they can continue to produce products in places that they can pay people $2 a day and sell them in places where the minimum wage is $20 an hour, that is a business model that generates profit - which is the only thing that matters to a for-profit company in a capitalist society.

[@humanaesthetic]

The difference between personal and private property is a brilliant way to look at it.

[@SweetTacos]

This is scarily true. I was renting a basement apartment from a family with grown sons (late '20s), and I was kicked out of my apartment because the woman wanted her son to live there. I'm a uni student, and I was the perfect tenant. Clean, quiet, respectful, and always paid rent on time. The fact that landlords can kick people out for no legitimate reason is scary. I was left scrambling for a place to live that wasn't $2000 a month for shoebox

[@ReKonstructor]

Did you expect her to let her own fucking son be homeless? Are you that entitled? Lmaoo

[@cubecraft2198]

Very scary, very sad, late 20's?!!?!?!!!

[@whutcat682]

I am sorry this happened to you ;(((( I wish things will change. I know that pain I am also a uni student and I tried 3 different apartments and all of the landlord were awful and condition horrible. I ultimetly decided to stay in the uni dorms, best decision. I am from Europe and ironically the social things that we still have, like free education save us in this economi. I am staying here and the condition are so much better for like 50 dollars a month. I am from a ex-communist country and one thing that regime helped us is that 98% of people in this country are homeowners in the legitimate sense.

[@trouaconti7812]

That’s an only way for landlords to get you out, saying that the member of the family is moving in. More often than not they just rent to somebody else for more money. Check with them to see who lives there in a couple of months and if it’s not their son sue the shit out of them.

[@SweetTacos]

@@parabellum4622 With a student budget and loans to deal with, that really isn't an option/worth it

[@JesusChrist-eu4si]

Russian here. I used Spotify until Febuary 24th. At first, they stopped accepting payments and after 3 weeks closed the whole service and deleted all russian accounts. This loss is not significant, because there are lots of alternatives to get music (including piracy), but u should remember that this can happen with any service in any country.

[@LunaDragofelis]

I think that punishing citizens of a dictatorship for the actions of the dictator is pointless and wrong.

[@patek92]

@@LunaDragofelis they are doing it to appear as good/supportive companies :D

[@user-pn4py6vr4n]

@@LunaDragofelis It's also a matter of not doing business in the country to avoid paying tax to the regime.

[@guy-sl3kr]

@@user-pn4py6vr4n Which is hilarious considering they still do business with the US. What a flimsy excuse

[@21stCenturyFilmmaker]

@@guy-sl3kr lesser of two evils. The USA can be pretty bad but many other countries are far worse.

[@lastnamefirstname2390]

Lyn Alden has a great interview about this. As Capitalism decays, more sectors of the economy become financialized, and ownership becomes too expensive for the masses -- rent seeking increases. It's a key indicator of an economy in decline.

[@07Flash11MRC]

Good point.

[@Heeroneko]

One landlord's mortgage ends up being paid off by dozens of people who can't afford to buy a home because said landlord bought up all the properties in the area and hiked up the prices out of the local economic bracket. Fun times in this cyberpunk dystopia we live in. Needs more cyborgs tho.

[@aoeu256]

Try working remotely. Tell governments to research remote controlled robots, which will allow "good jobs" to go to low cost areas.

[@Heeroneko]

@@aoeu256 Working remotely seems to translate to 'working the same minimum wage job but as a contract worker without the benefits or protections an employee has' sadly.

[@quinnns]

🤖 beepboop bap boop

[@ilianamarisolromero7816]

I know, but what’s infuriating is their answer: “why aren’t working hard enough to be a “homeowner “ yourself, so you can rent it or rent a section of the house..”?!

[@daisytorresfigueredo]

This reminds me of the myth of "freedom" when you have at-will employed nurses who were sued to not leave their job. Or job benefits that keep you tied to one employer over another (or starting your own small business). Plus the debt system that keeps you in that system.

[@cezarcatalin1406]

Ah, the various kinds of predatory debt. Man made bureaucratic horrors beyond my imagination.

[@nwatson2773]

The USA is home of the stressed, land of the broke for 80% of the population! I’m working on an escape plan!

[@coolioso808]

Money is created out of debt and there is more debt in the world than money to pay it back. That's mathematically unsustainable and means large numbers of people will suffer, needlessly, as long as the monetary-market system stays in the driver's seat. We can change that, through unity towards system change. What system? Well, there are many. Open-access economy, gift economy or resource based economy. All fairly similar in the design to meet all human needs without labor-for-income, debt, slavery or poverty -which is a pretty good structure to base an economy on - and people can take part in the voluntarily. If they want true economic freedom, there is a community responsibility attached to that, you need to have some common empathy for people and planet but after that, the resource based economy alternative has enormous health benefits that people haven't seen in the modern era yet because we've been so constricted and beaten-down by the inefficiency of capitalism, many people hardly know what is actually possible.

[@coolioso808]

@@SlickSimulacrum Oh, I think we are basically on the same page here. I'm a regular listener to Peter Joseph's Revolution Now podcast, it is quite good, you are right, and much of his other works. I've also got into the works of Moneyless Society who hit the nail on the head quite well with the absurdity of the capitalist system and the need to change to a sustainable, healthy system like a resource based economy. Money has become debt. Debt has been around about as long as money. They may be slightly different, but not much. I do understand modern money enough to know that, for example, fiat currency countries like the US, Canada, UK, etc. can print as much money as they need, they cannot run out of money and can pay for whatever they wanted if the real resources are there. That's why their enormous federal debts don't really matter and they are never expected to pay them back. Money, in that case, is like a unit of measure. However, unlike inches or pounds, it is a unit of measure that has horrific consequences on the quality of life of billions of people because the entire world is run by money. (Except the very, very few nomadic hunter-gatherer groups still just living off the land or a small community in a resource rich area like India or Costa Rica living in eco-villages) So "money" isn't the problem in the same way that money in the game Monopoly isn't a problem to anybody not playing the game. It doesn't matter how much Monopoly money I have it won't effect your quality of life unless we are specifically playing the game and it gets damn frustrating to be the poor guy losing everything to the rich capitalist. No wonder that game always ends with a board flip from the poor guy with nothing to lose! Haha. But we are playing "Monopoly" for real with money that humans have been born into a system that believes in it. We don't have to. There is nothing in human history that says we must live in a monetary-market society. In fact, our longest stretch of social organization as humans was without money or markets. Over 90%. That's far longer than we've ever had money and markets. We might learn from that to say that the best social organization today would be an egalitarian society with modern technology applied to create a post-scarcity economy with multiple self-sufficient, decentralized autonomous, directly democratic communities. Now how we could get from here to there, well money might help, if it is a way that helps us transition like a UBI or certain countries have enough social safety nets like free childcare, education, transportation, housing guarantees, etc. so that people can choose to start organizing around building a resource based society in their region. Despite the challenge of a major system change, we don't really have any other moral options. We try to get off the toxic capitalist system and towards something like a resource based economy or we see our society and ecology continue to collapse. When put that way, it becomes pretty clear what we should be trying to do. You are clearly wise to the problem and open to the possible solutions. You are a valuable asset to the positive contribution to humanity's possible sustainable future. It sounds really cliche, but there's truth in the saying: Divided we fall, united we stand. United Citizens of Earth with a global conscience and local action to create self-sufficiency.

[@coolioso808]

@@SlickSimulacrum Thanks for sharing your experience there with TZM and trying to get some momentum going locally. I haven't gone to meetings, I learned about TZM much later than those films came out, but once I got wind of them I consumed as much knowledge about those concepts as I could. Now I feel I have a firm grasp on the root problem, and some viable alternatives solutions - as you seem to, as well. We are in this strange time in history where a dispersed group of humans know deeply how flawed the capitalist economic system is, how we cannot continue in monetary-market economics and expect society to get healthier, more efficient and sustainable for the vast majority of people. It will just get worse unless we see system change. But for system change to happen it will take more than a few people to do it. It'll take a critical mass. And yes, Peter has been trying to educate people in the right direction, and it has been frustrating. To me it's like so clear to me the core problem and the solutions. It's like being in a burning building full of people, and you and I and a few others can clearly see it is burning up and it was started by a lit cigar, the fire is growing - it is consuming the whole building. Using a bit of water to put out some small fires will not be enough. We have to EXIT the building and get to a new structure. A new, stable structure. All we are trying to do is get people to realize to save themselves they need to get out of the building with us and that we know why the fire was started and why it can't be saved by staying in the building. But people who are listening to the "In House PA System" that is owned by the rich are telling people "Don't leave the building, there is no fire, even if there is some sparks you can put them out and you'll be fine, just keep working in the building and never question if the building is on fire or why it might be on fire." (This is capitalist propaganda that bombards people all their lives) Yes, this is a frustrating time when you can see the clear truth and better path forward but most people aren't seeing it. However, maybe back then it wasn't the time. Maybe we need a few 'run-up' moments, maybe things do have to get worse like they are now: income inequality, more war, more suffering, more poverty, more worker burnouts, etc. Things get worse, now people are more open to listening to possible solutions. Maybe we just keep putting the message out there, sharing facts, knowledge and support so that as people are ready to receive it that will build a stronger community, locally and globally. Maybe if we look back 50 years from now (whoever is around then) they say the 2010s were when some people really started understanding that capitalism, the system, was unsustainable and needed to change, despite all the noise and propaganda distracting many people from getting that message. But the small percentage of people didn't give up, they kept going, kept educating, kept spreading awareness and eventually into the 2020s as quality of life got worse for many people, that became a tipping point where many more people were open to solutions that they previously would never have considered. That 2020s became the beginning of a great transition from monetary-market economics to a resource based economy. Nobody knows exactly how the future will go, but we can look at the data and say that under the current capitalist system, it cannot turn out well for humanity since capitalism is unsustainable. That means the only moral option is to at least try to get system change to happen through the combination of efforts for education, communication, mutual aide and real life new system building.

[@moneymanjoe9639]

Higher education is going the same route. Now they sell you an access code that allows you to use the book for the semester only.

[@user-xr9ic7kx1r]

Use libgen

[@user-gz4ve8mw9l]

A lot of things are rent to own or rent indefinitely these days. They've convinced lots of people to get rid of their physical books accumulated over decades. In exchange for a monthly fee to stare at a screen for digital copies of books. I'd not trade my books in for that ever its nuts. I don't even have much but physical books are far more precious of resources. Not to mention you need an internet connection plus a device for digital books. On top of all the staring at a screen as is without reading constantly that way entirely to.

[@Wanelmask]

If you need to access scientific article, meta analisys and shit, there's sci-hub.

[@sophiatrocentraisin]

@@Wanelmask Scientific papers monetisation is on another level of scumbagery, to a point where it's probably one of the rare cases where piracy is entirely moral, without even the slightest bit of immorality, not even in edge cases

[@COMPUTER.SCIENCE.]

@@Wanelmask yup, I'm happy that these options exist. But I'm hoping to have people introduce these free resources to wider range of audience, so that not only the to-be-highly-paid scientists have access and take use of it, but other nonprofit and socially volunteering as well as community serving govt's workers. Free education resources must be acconpanied by innovative mass education, for the best results.

[@sebastianebner1108]

I am from Austria and we had a Time in our Capital called "Das rote Wien", in that time the city build a lot, like rly a lot, of housing. And the price was 5-10% of your income. Now that looks very diferent but still our capital is cheeper to life than any other city in Austria.

[@darthgaul1]

Wow just having to pay 10% of my income for rent would be amazing.

[@startalizing]

from what i've read vienna is a great example of what other countries should strive for. genuinely, i am happy for you guys. enjoy the life you experience.

[@snapdnb]

@@darthgaul1 and yet a lot of people in austria think that this model of living is inappropirate because people who don't earn that much money are given gifts by the government... Capitalism sucks and the mindset that it gave to the majority of people sucks even more

[@klausbrinck2137]

In eastern Germany, students got monthly funds, and spent hardly 10% of it for rent and food (living in university-own-dormitories, eating in the university-own-restaurants). If needed, they could save 90% of the state´s grants !!!

[@gagemorrow6028]

Even once you "own" your home, you're still paying property taxes on it forever, unless you don't, at which time your property will be seized from you anyway. Nobody owns anything as it is for sure.

[@uweschroeder]

Yes, that's really something that irks me a lot.

[@jujubean914]

I came here to make the same comment. We never really OWN anything.

[@nedludd7622]

You pay those taxes for services that you need.

[@gagemorrow6028]

@@nedludd7622 If we could trust that was actually the case my opinion may be different. Our government spends/wastes billions of dollars every single year on a whole list of things no one would pay for if we were given the choice.

[@nedludd7622]

@@gagemorrow6028 Property taxes are to support local governments.

[@WesternCommie]

As I have been saying to many people, 'You can pay off your home, but stop paying property tax and your home won't be yours'.

[@nishant54]

That is for running of the country not renting.

[@mileslantz4106]

@Bert Soc deed says I own land.

[@h7opolo]

you can get a land grant to become tax free. but they dont want you to know about that.

[@spnyp33]

@Bert Soc If you don't pay your property taxes, the gov't will confiscate both the land and your house.

[@fallbrkgrl]

I would love to see something where after the age of retirement (let's say 67), folks of a certain income level (not sure what that number should be), should be exempt from paying property taxes. It's the only way to actually "own" your property, without fear of losing it, when you need that security the most.

[@1JamesMayToGoPlease]

I remember that in the '70s, my family was pretty much okay. (Not great, but okay.) My dad worked for J&L Steel and was, of course, a member of the union. We were only okay because my (late) mother was Roman Catholic and kept spitting out kids until there were nine of us, and she insisted on us attending Catholic school (which isn't free.) We lived in rented places, of course. FFW to the early '80s, when a drunk driver slammed head-on into my dad's car and nearly killed him. My parents were both in the car, and after a while they received the settlement they'd been awarded in court. They were finally able to buy a house, but it caught fire Christmas Eve of 1989. My precious dad died trying to save my elder sister, so he sure didn't have much time enjoying life without some jackass landlord :( Watching this, I couldn't help thinking that his too-short life would have been way better day-to-day under socialism.

[@ann7878]

Be proud of your parents they lead an explanatory life!

[@stevel6895]

Back in the 60's my parents sent me to a catholic school as well. I was an atheist by the time I was in the third grade. I had to beg them to let me go to middle school (7th grade) at a new public school. I think when they realized they wouldn't have to pay tuition anymore they finally let me go!

[@mcmans.]

@@stevel6895 And How Did "Public School" Work out for you ? Rhetorical

[@quinnoshaughnessy]

there' a movie called, "repo: the movie" (i think that's the title), which takes place in a dystopian future. it's about plastic surgery, ranging from every thing from new computer-eyes to breast surgery, but if you can't make the payments, your new body parts get taken from you by force by what is essentially the mafia-run plastic surgery company. james gandolfini was in the movie, along with paris hilton, and probably a bunch of other famous actors, too.

[@jackiefate5398]

Paul Sorvino, you mean! Great movie, Paris was fire in it as Amber Sweet. I think the movie Repo Man totally ripped it off😑

[@quinnoshaughnessy]

@@jackiefate5398 never saw repo man. and thanks for letting me know it was paul sorvino. : )

[@Heeroneko]

Companies are also obfuscating ownership of things you DO actually own. Video games and other software are often spoken of as if they are licensed/services, when in reality they are legally considered goods and you do own your individual copy of it. This is further confused by some software and video games actually being licensed only, sometimes for a limited time period. This is why it's important to back up copies of any software you own in case updates/files for it become unavailable from the seller in the future.

[@Heeroneko]

@Reality Yeah...because how dare we punch nazis right? Weirdest thing for ppl to get pissed about. A series all about punching nazis dared to get 'political' by y'know...letting you punch nazis. lol

[@theepimountainbiker6551]

New game systems are a great example. You pay $90 to download a game, you get no physical copy because your new xbox doesnt have a cd drive and then you cant play the game without an internet connection to verify you own it

[@doejersey]

Been saying this a while “if you can’t break it, you don’t own it”. I forget who said it to me but that person was very wise.

[@Condorito380]

I got that from Make Magazine: "If you can't open it, you don't own it".

[@hypefogg9790]

Honey wake up new Second Thought Video

[@andrewperkovich8184]

People today be like: - I don't own my degree, I own a loan - I dont own a car, I own a loan - I don't own this house, I own a loan

[@matteste]

One other thing I have come across that I feel you should cover is something called Corporate Sovereignty. Basically it legally puts corporations above the law, allowing them to sue and pressure countries if they do something that hurts their profits.

[@metalmechanic6664]

With the John Deere thing basically every single big truck and tractor manufacturer does this. From specialty tools that are severely overpriced to software that costs 5k a year to use they basically have to go to a licensed repair facility. I am speaking more about Semi-trucks though since I work for Peterbilt.

[@user-em6ie2be7x]

People like to say Socialism is Bad, Evil, Etc but when you ask them How has Capitalism truly benefits them they'll answer "America's The Greatest Country on Earth" always using Blind Patriotism as a shield, & I gotta say it's get more Infuriating everytime.

[@Mike-mc3sh]

Especially when the US is far from being the best country in the world.

[@SGyru]

What if I prefer capitalism because I'm not big on consumption of shallow materialistic things and have the discipline and financial education to invest in total market index funds in a diversified portfolio and think it's nice others can live a hedonistic consumption filled lifestyle of buying new cars and new phones and eating at restaurants often and buying brand name clothes if that's the life they want and that spending can go toward the profit of someone like me?

[@SGyru]

@Jan Lukas Definitely not rich and have never been rich and I'm still somewhat young so it's less likely I would be rich. There needs to be strong regulation and reasonable tax structures in place to fix for inequality and luck and to protect basic human rights. It tends toward people who invest and buy into the market (asset ownership) to have wealth. Go play with a compound interest calculator and it will become obvious that the most important things toward building wealth is time, discipline, and consistency. These are values I think should be rewarded.

[@garethbaus5471]

@@Mike-mc3sh It seems to be around 20th place which isn't that bad, just very far from the best by most quality of life metrics.

[@GTAVictor9128]

As they say: "It's difficult to win an argument with a smart person, but it's nigh impossible to win an argument with a dumb person."

[@thecrapadventuresofchesimo420]

You forgot to mention, often the choice to purchase has been removed. Meaning that even if someone had the means to purchase they could only rent. The follow on being that it is impossible to assess consumer habits when choice doesn't exist.

[@kaylumus1]

Yes, this has become particularly true of streaming content in recent years. Netflix, Amazon, Hulu, etc. have become so focused on raising or at least maintaining subscription levels that they are keeping their content streaming exclusive with no physical release. There is a very real danger of a lot of great content disappearing forever if the streaming service that hosts it goes under or simply decides to remove it from their service.

[@mcmans.]

ADOBE Monthly LICENSE Photoshop ADOBE CS6 They Used to Have a CD PAID FOR 1 TIME, You downloaded it onto your Hard drive and Guess What ? It Worked. No Internet ? No Problem. Now with Creative Cloud, You Won't Be Using "Adobe" Anything Cloud Related If The Internet went Out It was Downloaded onto my Hard drive and Will Work On Demand.

[@davidshepherd265]

Personally, I never stopped buying CDs or Blu-Rays. People laugh at me, but I'm saving money as I have access to a huge music and music library with no monthly fees (apart from when I want to add to my collection of course!), and if an album or movie I buy gets cancelled or discontinued, I don't have to worry about the record label or film company sending someone out to my place to go "oh uh hi, you know that CD/DVD/Blu-Ray you bought all those years ago? Yeah we're gonna need that back" Plus, CDs are CHEAP! Its been great buying CDs from the local thrift shop at 50 cents a pop that I can rip into iTunes and then play at home, or on my iPod either on the go or in the car.

[@michimatsch5862]

*cough* Piracy. If they don't let me own it...

[@LexYeen]

@@Koawwa tell me you don't know how commercial CDs/DVDs/BluRays are made without saying you don't. bit rot isn't a real concern for commercial CDs/DVDs/BluRays because the data is literally etched into a sheet of foil that's sandwiched between two sheets of plastic - if the disc surface gets scratched up, polish it up and should read fine. it's a worry for home-burned discs due to how the data is stored in a layer of dye activated by the laser in your disc burner, because that dye both literally rots and is vulnerable to surface scratches.

[@kaylumus1]

@Koawa I have CDs that are over 30 years old that still play fine. The main thing is to make sure they are properly stored.

[@Matty002]

this is whats happening with videogames going digital only. its even possible and likely probable consoles with disk readers will stop being made entirely, making digital the only format available. theres also the games that arent online but require an online connection to play. its insane you cant play a game you paid for without their permission

[@mchobbit2951]

Me too. And I'm a millennial so not that old. I just never liked the concept of the subscription model. I'd also always feel so guilty when I wasn't using the subscription much in a month because I still had to pay. And don't get me started on them just censoring or removing stuff. Now digital ownership is okay...but if I buy a physical copy I can rip it and have a digital version too, while also having a backup if something should happen to it. Plus physical versions are often cheaper. As you said, CDs at the thrift store are ridiculously cheap. People can laugh all they want and yes it "takes up space" but screw minimalism. I love living in a house full of movies, books and CDs. The number of subscriptions most people pay for every month is insane--Netflix, Hulu, Disney+, Amazon, Spotify, Word, Photoshop, Audible, VPNs to circumvent geoblocking. And let's not forget the news sites, KZbin red and apps like Duolingo. And the list keeps growing because every fucking thing has a subscription model now. I buy a ton of used books because Covid also turned me off the library and I still don't come near spending as much on entertainment as they do on their subscriptions. I still do use 'free' sources like open library for books and KZbin (adblocked to hell) for audiobooks, mainly for things I just don't care enough about to own but still want to read/listen to this once. Interestingly, I have been seeing combined CD/tape decks at stores again and walkmans/dicsmans on Amazon. I remember when that stuff just wasn't available whatsoever. So there has to be at least a growing minority of people that is interested in ownership (beyond vinyl, which he did mention had a bit of a resurgence) again. Even if it's only for nostalgia.

[@vaughnz.8824]

Economist Michael Hudson writes extensively about how Rentier Capitalism, where vast profits are obtained without contributing to society, is increasingly common. The effect is individuals are becoming more and more unable to afford their own homes. I would recommend Hudson's book Killing The Host to get a better understanding of what this means.

[@MichelleHell]

My used car when up $3k in value, and I know why. Investment capital bids prices up. These investment firms have trillions of dollars to spend, they move markets. When prices go up like this, those who can't afford rent. When they are satisfied with the amount of credit dolled out, they will stop bidding prices high. Then car owners will be stuck with depreciated assets that they are indebted too. The same goes for housing. Buy property, rent it out. Investment capital has a million ways to bring an income that don't involve innovation, it's quite amazing.

[@vaughnz.8824]

@@MichelleHell We are in for a very rough ride, unless we pull back on the reins. As you note, average citizens are becoming increasingly unable to afford homes. Where I live there’s been a building boom of cheaply constructed apartment buildings. Those who have money are rewarded with more money and that won’t change until we all demand it. Combine this with climate change and we are facing a very dire future. I’m firmly of the mind that unless we move away from capitalism, it will destroy us.

[@juminrhee4255]

Not the same, but a rentier state actually supports its citizens through sovereign wealth funds. It relies on "rents" from companies using and exporting its natural resources (primarily oil, for my examples). They are not the greatest on certain issues, but take care of their citizens, if only to prevent their removal from power. Qatar and UAE are good examples. And yes, both are essentially absolute monarchies. The purchasing price parity GDP per capita in Qatar is $113,000, for example.

[@ditrixgenesis781]

My first thought was the BMW or whatever brand that won't let you heat it's seats or go faster than a set point without a subscription (separate cars), as well as the RTX card that can't use it's full capacity without a subscription. Even owning things isn't enough now

[@WhySoSquid]

We're being told, "Thanks for letting us own you; you can use this stuff sometimes..as a treat." 🙃

[@forbidden-cyrillic-handle]

That's not ownership. If you think you own the car, you are wrong. Ownership means full control.

[@ditrixgenesis781]

@@forbidden-cyrillic-handle well no shit, look what page we're on.

[@forbidden-cyrillic-handle]

@@ditrixgenesis781 We are on stupid page? It blames capitalism for things that are generally people's faults. You don't own anything after the socialist revolution either. People just can't stop taking your shit away.

[@mrwizard5012]

@Reality What if they're every product lmaoooooo

[@JinKee]

13:19 >makes a 12 minute video about how streaming potentially will deny you access to shows because you're only paying for access not ownership. > only on Nebula

[@housepianist]

Another thing to keep in mind is that most of the things we actually have (own) is still not owned by us. While it's spot-on that home owners don't own their homes if they are paying a bank every month, once their homes are finally paid off, they still don't own them because of property taxes (in most of the country). If you don't pay them, the city can confiscate and sell your home to pay for them. Even with music, you can buy it in a physical medium (CD, vinyl, etc) and own that but you do not own the contents of those mediums. It's just the freedom to play it as often as you want (with some restrictions for "public" performance - online or at a public gathering) but of course you don't hand the freedom to sell or distribute those contents for profit. I actually don't mind renting some things because, as with music, I can access songs, groups, genres, etc, that I could never do if I had to buy the medium. Of course you can purchase the music if you like it, physically or digitally, but again, it's only the method of listening to it that you "own". Nonetheless, this is a well-done video like all your projects. Looking forward to more! 👍🏻

[@johnhendrix3253]

This video reminded me something about the ideology behind NFTs, crypto and the blockchain. They see a system where everything could be inexpensive, and instead want to monetize every interaction you have with the world, turning each space, object, and moment into real estate for them to collect rent on.

[@lorenzocardenas5071]

Same shit I was thinking. Just another way to enslave one another basically

[@matteste]

It is the same in the video game space with something known as DRM being rampant. While they say it is to curb piracy, it is quite obvious the real intent is to strip customers of the ownership rights. This is especially obvious with these live service games we have nowadays, something some have found might constitute as fraud. And then there was the Stadia that was this basically distilled. It is a big thing to why I am so picky with games to avoid buying anything with those kinds of "features". There was also a similar story during the early height of the Covid pandemic where hospitals to to 3d print parts and the like for their machines only to get sued by companies for circumventing their methods.

[@funlightfactory6031]

Even after you pay off your mortgage, you still rent the property from the Government via taxes.

[@keatonmoore7413]

This channel and the work that you do is absolutely incredible. Definitely appreciate your work.

[@jacksonwilliams5399]

The housing market thing is the worst part for me because I literally can’t move out of my parents house. I can’t afford anything near home or near my college. I’m lucky to have parents who understand this so I have time to work and save money and attend classes. So my primary goal is to make sure I save up with as little debt as possible. I unfortunately just have to wait until the housing market crashes maybe I can actually move

[@AssBlasster]

Whenever I go back to the big cities, stories like yours are becoming all too common. I live in a rural college town where rent is still affordable, for reference.

[@daneascott9645]

@@AssBlasster I live in a rural area too but sadly all the jobs in this spot are minimum wage with a very rare few that go above. More people currently than jobs available. So the rent here is not affordable based off of the available minimum wage part time(as most also won't hire full time) payroll.

[@roxycauldwell544]

The thing about living in a city is that their wages are higher than everyone else's, so you can always save up and move cheaper. Rural areas can't do that. We're mostly just screwed.

[@TheFinalChapters]

If anything is going to cause a housing market crash, it's the rising interest rates we now see. Otherwise, don't hold your breath.

[@TheFinalChapters]

@@Rudy1150 The last time interest rates were this high was 2002, where the median home price was $190,000. 20 years later, the median home price is $450,000. That's an increase of 137% over 20 years. By comparison, goods in general have only increased by 66% in the past 20 years. It's not hard to see the bubble we're currently in. The only question is what will happen as a result.

[@johnson941]

In my country, a sixth of all people live in "almene boliger" which is controlled by a co-operative organisation, and the people living in the organisation is those who decide what happens, and the rent in these places are only for maintenance, which often makes them very attractive for people who look for something cheap. While this is probably not a perfect solution, I think this is by far preferable to the Landlord based model, which seems to be the norm elsewhere.

[@ss-th9pf]

Jeg elsker Danmark.

[@Ningy909]

I wrote my grad school application thesis on the erosion of media ownership and possible ways to circumvent this (spoilers, there aren't many, and most aren't conventionally legal). It's interesting to see how my childhood studies of media distribution and the video game industry have become horrifically relevant to modern economics.

[@ozzyoffperc]

When you said how we're moving to a "rent only, no ownership" economy, I remembered the new big ads I see around where I live, in which they're showing off some new "rent electronics and new products" system. I live in a place with a crumbling economy and this is what people are turning to in order to have new things, it's kinda sad to see that the only way a decent amount of people can pick up a modern device is renting it temporarily instead of being able to buy, it must be a good handful of people if there is a market enough for mass ad campaigns.

[@YouHaveAnApeHead]

You have nothing if you have no rights. Why is JT's videos 20x better every week? Give this man an award.

[@mickwayne3398]

" You have nothing if you have no rights." I understood that reference

[@YouHaveAnApeHead]

@@mickwayne3398 :)

[@lauracisneros6254]

I have a close friend living in the other side of the globe and each week we are like “dude, did you watched this week’s episode? We outdid himself”

[@theintrovertedaspie9095]

No, because he probobly have to pay tax on that award.

[@YouHaveAnApeHead]

@@theintrovertedaspie9095 He is going to enter his billionaire mindset and commit " tax avoidance ", in Minecraft.

[@Julianna.Domina]

Personal vs Private property- You own your watch, everyone owns the watch company.

[@manfredkandlbinder3752]

Great Video, you did a great job at connecting the dots here. Most people miss these and it is great to see a talented movie maker putting out a comprehensive summary of it.

[@Arj-oh-five]

thank you for rescuing me from the alt right pipeline

[@SecondThought]

I’m so glad I could be helpful!

[@ValerietheLovelyDeadlyItalian]

for me it was ContraPoints, Philosiphy Tube, and Shaun, glad to hear you got out too!

[@itsHoust]

The fact that KZbin encourages socialists to fall down the alt-right rabbit hole by recommending ultraconservative video content and advertising is scary enough. It’s unfortunate that while many such as you were able to recover from the alt-right pipeline, many were not able to recover because of KZbin’s algorithm encouraging it.

[@ValerietheLovelyDeadlyItalian]

@@itsHoust i wasnt socilist then, i was raised conservative, butI do know what you mean. I get loads of TERF shit, as if thye could convince me to be transphobic lol 🏳‍⚧

[@07Flash11MRC]

Thank you for being so open that change was possible.

[@iamsemjaza]

I don't put the DRM on any of my e-books because I want people to be able to put them on whatever reader they prefer and to own their copy when they buy them. I don't believe I'm "losing money" from people who steal copies because those people were never going to pay anyway.

[@vylbird8014]

As a rampant book pirate, I assure you that if I had to pay for books, I would read a lot less.

[@Draconicrose]

I pirate a lot of books but that is simply because I cannot afford to buy them :( thank you for offering yours DRM free. I assure you that a good chunk of us would gladly pay you if we could.

[@millenial90]

I tend to pirate books before buying them because I can't afford to buy them without knowing I'll re-read them, especially with the risk of not having them when the service shuts down. Google play music did that, and I lost a ton of music. I can't afford to keep a bunch of physical books lying around, too. I wish I could just pay authors a couple dollars directly, but as it is I can't access information without pirating it. It doesn't help that I'm disabled (but not enough for assistance) and barely scraping by, buying a book is a luxury 😭

[@SineN0mine3]

I have a lot of respect for that attitude. In my humble opinion, that makes you more of an artist. I sincerely believe that at least some people who pirate one of your books will enjoy it enough to want to buy a copy. If I had some money left to splurge on myself I might even buy a copy just to support your business model. Accessibility is really important when it comes to art, and people really do appreciate the work that goes into writing or making other forms of art. But not everyone can afford to pay for everything, and art really enriches people's lives in a way that money doesn't express. So many musicians owe their entire careers to piracy on the internet, probably quite a few other artists. Few seem to recognise once they start making lots of money. If making art was a sure fire way to get rich, it wouldn't really be art. Maybe that's pretentious, but it's what I believe. Are there any particular titles you'd recommend? Do you publish under the same name you use for KZbin? What should I google if I want to find out more? (I think KZbin sometimes filters out direct links)

[@Cathowl]

And being able to pirate books has LED to sales for me once. I downloaded two of a book series, read the first one, and immediately went and ordered all the series that was in print before settling down to read the second.

[@Yavin4]

Even when you pay off your mortgage, you still have to pay property taxes to the state. You never fully own your house without paying someone, something in perpetuity.

[@theintrovertedaspie9095]

It's basically like "renting ownership".

[@unyu-cyberstorm64]

It’s fine to have services like these, people will still use them, but services like this either need to cost less, or not be allowed to increase their prices.

[@notenrique666]

This is one of the best channels on any platform. Preach the truth brother.

[@SecondThought]

Thanks so much!

[@hamanime]

This is clearly true in certain countries only. "Buying" a book via kindle is not really cheaper in Germany than buying the paper one. This is due to something called Buchpreisbindung. Renting in Germany is preferred to owning houses for decades now. You can find a lot of videos on KZbin which explain why this is the case. Of course the renter has way more rights here in Germany than in the USA, which massively reduces the risk of finding yourself homeless. The one market were this goes completely out of hand in the last 20 years is software. It has become nearly impossible to buy software and really own it. And try installing something on an offline computer is even worse.

[@asuka_the_void_witch]

Even self aware Americans have trouble to not equate America with the entire world 😜

[@mechanomics2649]

@@asuka_the_void_witch No. While Globalization has done a lot of good, there is also the real phenomena of cross over. He's also talking about Capitalism and using examples in the US to talk about it. This is not that hard to figure out but don't let that stop you from cheap, braindead dunks to make you feel smart.

[@asuka_the_void_witch]

@@mechanomics2649 braindead? bruh

[@MrMuzule]

@hamanime that was the case a couple of decades ago, when Germans were earning 5000DM/month so they had no incentive to stress themselves with a property. Now those Germans earn 1800€/month and struggle to pay their rent or even find a house. They were lucky to live in times with small economic gap, now the capital sucked their blood and left them in tears of regret for thinking that their Gini index was small by nature.

[@hamanime]

@@MrMuzule Germans more likely to rent than to buy has other reasons than wealth.

[@MadrasB]

So many decades I have spent on the interwebs and this is the first time an ad worked on me. thank you for the humbling experience, signed up for curiosity stream immediately after watching.

[@psrabe7444]

It only takes a couple people with shared interests to make it profitable to engage in shared ownership rather than renting too. The video mentioned that maybe we want to own our own books. We still have these things in cities called libraries where you can get them for free. Sometimes they have tools you can borrow as well. When you spread the cost of ownership across more people, it reduced the impact the cost has on your life. In East Asia they have a tradition where people live together and buy houses together in a community until everybody owns their own home. This obviously creates a community of shared interests where people can share possessions more easily as well. You can't do that when you don't own something and companies are getting more snd now predatory about preventing you from doing it

[@philipptyburski764]

I’ve grown pretty jaded in my 30’s about this sort of stuff. Your videos have made me angry enough about the state of the world to care again. You have given me amazing answers to every single “capitalism works” type of thing that people around me keep saying. Absolutely amazing videos, thanks!

[@151Armondo]

Don’t be jaded eat the rich 😤😤😤

[@07Flash11MRC]

@Philipp: That's great. Continue to learn more and try to explain the reality to your peers. Let's spread the word and wake people up.

[@noncomplacent]

Something has to be done. Society keeps funneling money into the hands of billionaires who want to own us. It needs to stop.

[@jomo4435]

Friends, hope springs eternal in humans...lest the flowers of despair will bloom...haha be positive and optimistic so we can see more choices .....fatalism and the idea that, that's it, it's over .....is not reflected in human history at all turning out positive

[@abdirahmanidris290]

Late stage capitalism is bad. But don't fall into the trap of socialism and communism.

[@tanumoydas1782]

I'm quite new here... & every time I watch Second Thought videos, I amaze how easily you can make everyone understand this complex topics.. It's just excellent..

[@SecondThought]

Thank you so much!

[@cezarcatalin1406]

@@SecondThought The split between private and personal is actually even simpler. Personal and public properties are based around the concept of need and control. If you personally need something that would make little sense to share, you should have the right to personally have full control over it and thus have full control over satisfying your own needs, in other words, you should personally own that thing you need. Public property is exactly the same concept except it’s extended to refer to the needs of a community and their collective control over what they need. It would make little sense for an individual to own, say, an entire water distribution system in a city because they personally need it since they only need a small fraction of its capacity and others need it too. Thus, collective ownership and control over the water distribution system is preferable. It’s the community satisfying its own collective needs. Private property on the other hand doesn’t deal with needs but it is exclusively about control. The more you own the more you control. If you own the water distribution in a city, you can twist hands and force people to give you more of their money, aka more of their economic power, aka their control over the economy to you. On the same line of thought, employers owning the workplaces that workers need to work at is yet another way in which private property screws people over except this time is the owners giving you wage crumbs as means of control while they take the work you did and charge you back double to get access to it. This turns markets in a playground where the biggest bullies can leverage their control to crush their competition, where the winners who were able to exercise their economic control more effectively take all from their competitors. That’s how we end up with ruthless monopolies like Ticketmaster/Livenation which don’t care about people wanting to have fun, they care only about leveraging people’s desires towards extracting more and more money from them, more economic power, more control. They can even use this to their advantage by choosing to share some of this extracted economic control from the working class with politicians in exchange for favours and thus more political control as well. Politicians that accept lobbyists and corporate donations will never break up monopolies, it’s simply more profitable to do the opposite and play into the demands of monopolies. This puts both personal and public property in direct conflict with private property. The first kind of property is based around the concept of only having as much control as you need to satisfy your needs and the second kind of property is centred solely around accumulating control as a means to leverage other people’s needs towards them serving your interests. This is why private property is inherently evil and implies humans having undemocratic and disproportionate control over many others. It’s only one step removed from slavery which allowed some people to become property themselves and thus be completely under the control of their owners with no rights, no say, nothing. Private property puts the illusion of control into your hands while the owner class still has the actual final say in most matters.

[@meatmoneymilkmonogamyequal5583]

he is really amazing and helping us to understand. I agree with you!

[@frohnatur9806]

Thank you for another great video, as I've come to expect! After over a decade of watching a lot more youtube than I'd like to admit, I consider yours the most valuable channel I've found, since you present these important political insights more concisely than I've seen anywhere else :) That said, in case you are looking for future video ideas, I'd be highly interested to get some book recommendations from you. Maybe even other types of media, like key scientific papers demonstrating capitalisms negative tendencies or the like. I'd love to read up on it more, and have something more to reference when talking about this stuff than just a youtube channel, even though I'll still always recommend your channel. Hope you don't take it wrong. People just aren't gonna take a youtube channel as a serious reference, even though - as I said - I'll recommend you anyways. After all a video is much easier to get into than a book :) I wish you all the best!

[@chrvberg]

Is there a way to own the New F-Word series, e.g. on DVD? Or can it only be rented on the mentioned streaming platform? 🙂

[@-Zevin-]

It always blows my fellow Americans minds when I tell them that in many countries there is no property tax, nada, 0. The idea in the US of paying yearly on a home you already own to the government, or you can be jailed and your land confiscated is insane. It is essentially rent to the US government, making it crystal clear, you don't actually even own your home, you pay rent to uncle Sam, or you are out. In China if you buy a home, you pay basic utilities and that's it, you will never be taxed until the day you die, on property you already paid for.

[@user-pn4py6vr4n]

Someone else was saying in Italy, you don't pay property tax on your first home. One house is an essential item you need for living. Two is a luxury, so it's fair to make people pay tax for any surplus they own.

[@giansideros]

In China they can't even seize your home, eminent domain doesn't exist there. They will build around your house if you're not willing to sell up. Look up nail houses for some funny examples.

[@guy-sl3kr]

@@giansideros The difference between what China & the US do when they want to build highways through neighborhoods couldn't be more stark, but that doesn't stop westerners from thinking that "socialism is when no property" 😮‍💨

[@krissimons1339]

Property tax is not payed to the US (Federal) Government, it's a local tax paid to the city/county where you live and helps pay for city services like police, fireman, street maintenance, public schools and other expenses of running a country/city. Also you won't be jailed for not paying property taxes but a lien probably will be put against your property until you pay your taxes and if you delay too long they may foreclose on your property.

[@grmpEqweer]

@@krissimons1339 Schools being financed via local property taxes means that poor areas have poorly financed schools. This helps create more generational poverty.

[@StopCopCity1312]

We really need an antiwage labor moment to abolish money and private property on a commercial level in the spirit of the classic IWW, not how the organization is now.

[@colin6603]

Keep believing your ridiculous, fantastical BS and watch as you contribute nothing to the betterment society.

[@AnotherEpicName]

Forgot the /s

[@etep878]

Yes! Money is imaginary.

[@sethturner5242]

How is it now?

[@StopCopCity1312]

@@sethturner5242 Well, it's been infiltrated. Jimmy Dore asked to speak to someone who wrote an article to interview him and the guy he was speaking to wouldn't let him. Kept pushing the editor instead. When the editor came on his show, he kept reading and repeating State Department talking points. It was painfully obvious. His eyes kept looking down and side to side so he was clearly reading off a script. I saw it live. Chat was not having it. Thankfully, he released that interview later with context. He dismantled all of his arguments. It's been deradicalized by the Feds now. It's just about unions and nothing else when it's original mission as an anarchist organization was to try and abolish money, property, class and the state.

[@gSys1337]

Sir, with all the respect. Is it possible to buy episodes of your series over at nebula or do I have to license it?

[@darthgaul1]

Excellent question.

[@SportStarter2024]

Thank you, this is a very useful and interesting video. Good luck in the development of your platform. Thank you for distinguishing the concepts of ownership and explaining the differences.

[@EmeralBookwise]

There are now cars where people who otherwise own them still have to pay a subscription fee to use "extra" features like heated seats. No, that's not an upfront fee to have the heated seats installed, the car already has the feature by default, the owner of the car just has to pay a subscription to use them.

[@hairymcnipples]

And it's brands like fucking BMW who already charge ridiculous prices to buy in the first place. It really is a striking example of late stage capitalism.

[@Envy_May]

these feel like ideas someone would include in a hypothetical dystopia.......

[@CaptainElMapper]

As middle class this brings pain in my heart. In solidarity with the workers!

[@vxicepickxv]

You are not middle class. You are proletariat. Middle class is a myth.

[@shanematteopittorru8614]

There isnt a real middle class according to this Channel so what do you mean by middle class?

[@cp0151]

If you're middle class you are part of the working class. It's just another label to divide people. If you work instead of owning means of production then you're a worker, no matter whether you're a carpenter, doctor, scientist, lawyer, etc.

[@CaptainElMapper]

@@shanematteopittorru8614 by middle class I mean being a self-sufficient laborer. I can't do a strike because I'm lucky enough to own a local shop, also, I don't earn a wage. (I don't mean the americanised term ''middle class'' that people mindlessly use, if you're referring to that)

[@notme8232]

@@CaptainElMapper Ah, so a petite-bourgoise

[@saeklin]

I've counted about a dozen new apartment complexes being built in my medium-sized city. It certainly feels like more than ever before. And that tells me who has the money and who doesn't.

[@goofywill90]

Probably your best video I've seen. Interesting points made.

[@user-qf5kl6cv2y]

In my country owning a house is considered unimaginable. A vast majority are renters, because renters have a lot more security of not getting homeless and also renting is relatively cheap here (unlike owning property). Also the infrastructure is for renting, not for owning because of the destruction of buildings during WW2.

[@dropyourself]

What? How can it be built for renting? If someone lives in a house they might as well own it so you can't build for renting, you can build and designate it for renting but those houses could be owned by the people living in them

[@WannaKnowAll]

Could you explain how renting keeps you more secure from homelessness vs owning a home?

[@user-qf5kl6cv2y]

@@dropyourself It's just we had to build a lot of new homes in a short period of time so that's why we built a lot of apartment complexes.

[@user-qf5kl6cv2y]

@@WannaKnowAll So. We have very good welfare programs for those who are renting

[@ed_ELA]

Realizing the direction of music with streaming and licensing, I started purchasing CDs again. I wish however that I had kept my old collection.

[@paavohirn3728]

Great content as we've gotten used to! The clarity and information value is amazing here!

[@brennenderopa]

I always wondered why I took such a liking to the recent vinyl records trend because I do not feel like a hipster. Maybe it just feels good to actually own music again after years of streaming.

[@lightyamamoto1036]

I absolutely despise how renting gives you the "look" of ownership

[@ThinkingReality]

This is why I advocate for piracy. It's the best way to ensure that you will have the thing you want these days.

[@andrasfogarasi5014]

This is why I advocate for defrauding retirees. It's the best way to ensure that you will have the thing you want these days. Note that I also advocate for piracy, but your justification is stupid.

[@SatchelChannel]

@@andrasfogarasi5014 nope, piracy steals something virtual sold by a company. Retirees savings are tangible cash/assets. Use a better example

[@colin6603]

Yeah just steal shit, that benefits society and creators a lot. Get off of Reddit.

[@ThinkingReality]

@@andrasfogarasi5014 I mean specifically in the sense that I would like to own things, and "licensing" them from streaming services just isn't that. It's physical media or piracy for me, and increasingly, physical media is hard to come by.

[@ThinkingReality]

​@@colin6603 if I donate $1 to a musician's Kofi and pirate their music, I've done more to help them than if I streamed one of their songs 300 times. Piracy is not theft. Doubly so when it comes to large corporations.

[@TourniquetTwin]

Each and every video essay you release is a much needed bullseye. I’ve been missing my iPod and impressive dvd and vcr collections. I had an entire videotheque at home till the late 00s. Now I have to stream things off the internet if I need to watch sth. Saves space, but doesn’t nearly begin to scratch the itch. I’d also prefer to actually own my home. Rent should be MUCH, MUCH lower.

[@Xenoyer]

Job stability also seems to have an effect on people's decision to buy or rent a home. I'm retired now, but I was in aviation. I contracted my labor through a technical services company for decades. Doing that caused me to move pretty often because once the 747 is done being refurbished you look for another contract. I tried buying a home, but I was there only a couple months out of the year if that. It didn't make sense to me to buy anymore. It seems like the gig economy would exacerbate the problem. Thanks for your program. Your presentation is calm and well thought out. I learn a lot from your videos.

[@codacreator6162]

Shifting from ownership is shifting away from assets. Period.

[@andreylebedenko1260]

And don't forget about the so-called "shared ownership" of houses. However, I don't mind renting some stuff as long as it means that: a) my payments are directed to the development of new ideas, features, products and services which are available to the general public (including myself); b) when I will need a new item to rent it will be available; c) the cost is not jumping up just because someone has decided that they can squeeze more out of my pocket. Example: a car in lease.

[@Draconicrose]

I suggest this video: kzbin.info/www/bejne/hIC8kmaPr7unr80

[@mcmans.]

It's Not up to you to decide where your "RENT" Goes. That's Up to the RENT SEEKER Sure it would be Nice if they Cut Costs, But That Will Never Happen! That takes $$$$ From the CEO

[@richardadavis123]

Thank you for this video this was probably one of my favorite ones who ever did. I tell people this all the time and they look at me like I'm crazy some New Yorkers don't understand the simplest things.

[@krpipe]

Holy moly, the into was 🔥🔥🔥🔥. “We don’t want your personal property! We want an end to private property!”

[@ninjal7588]

A big part of the housing crisis in the US is due to the zoning laws. In Europe there are many kinds of homes you can buy, for many kinds of budgets. Sure if you are single and work a low paying job it can be hard to save up, but already if you are 2 people sharing an apartment, you can save up to buy a home if you don't waste your money, sure it might be an apartment, but many people enjoy apartments here as you don't need to worry about taking care of the house and yard. Not to mention, I've never had problems with landlords, and I've lived in 5 rental apartments. And if you have lived in the apartment for 1 year and the landlord wants to kick you out, you have 6 months to find a new place. If you have lived there under 1 year, then it is 3 months. If you want to move, the time is 1 full month. I wish you luck with fixing the zoning laws and getting better rights.

[@bramvanduijn8086]

What parts of Europe? Because here in the Netherlands only those that can afford a mortgage of half a million even consider buying a home. The rest is looking to rent, which is also unaffordable, and for social housing there is a 10 year waiting list. There are indeed tiny appartments, about one for every fifty thousand people who want one. And even those get bought up by investors to turn into rentals.

[@beniaminbuzun5667]

Last time i've checked, US has second lowest avg home price/ median income ratio (just after some african country). Average person have to work about 4 years, to earn enough money. In my country, poland, it's 11 years, 7 in canada, similarly in sweden. You don't have that bad.

[@ninjal7588]

@@bramvanduijn8086 Finland, I'd assume at least rest of nordics is similar, maybe to do with population density? My sister and her bf bought a brand new 2 bedroom apartment for 245k€. I'd say outside of the largest city centers, an entry level home with 1-2 bedrooms is about 130-200k, not new but very usable at that price. Other than Helsinki, you can get a 1-2 bedroom apartment for under 200k in city centers. Studios you can get in Helsinki for under 200k. With 2700€/m salary(after tax) I'm buying a 180k rowhouse with 2 bedrooms, small yard, by myself, 45min from Helsinki in a nice smaller town. Maybe bit more expensive in other nordics but they also have better salaries on average.

[@ninjal7588]

@@bramvanduijn8086 Sorry to hear that. What do you think is the main reasons in Netherlands for the high prices?

[@mechanomics2649]

The housing crisis and zoning laws don't exist in a vacuum. Zoning laws may be part of the problem but they aren't the only problems. Just because you've never had problems with a landlord doesn't mean other people don't. An entire world exists beyond your anecdotal bubble.

[@andrewrockwell1282]

Watching right now on Nebula and youtube to give you both views and the like. Thank you JT keep it up!

[@kellyray6683]

Fantastic video. Perfectly explained. I haven't yet researched this fully, but it feels like what I have experienced my whole life.

[@joey_youtube]

I really love the mood of that backdrop. The colors are pretty.

[@sundalongpatpat]

I didn't know you release every Friday. I was having a binge of your videos.

[@SecondThought]

Yep, every Friday at 9am central 😁

[@user5214]

I release too each Friday 😳

[@sundalongpatpat]

@@user5214 take my like and go

[@PhantomHalf]

Have you ever thought about expanding this channel to other languages or partnering up with other ytubers from different languages to spread the word?

[@SecondThought]

Tried a couple times but it never pans out. Maybe in the long run.

[@PhantomHalf]

@@SecondThought don’t give up, what you are doing is extremely important even if its not active activism. You help spread ideas and the people that listen will spread them as well. Like we say in PR, Éxito!

[@arminb3939]

Hi Second Thought! Wonderful, informative and well edited video! Would you be down to make an episode about tackling the economical mainstream Public Choice Theory with their assumptions about the homo oeconomicus and downfalls like rent-seeking? Anyways, see you next time!

[@nedludd7622]

Recently, the French-German channel ARTE had a four-part series on the history of property called The World and Its Property. If you know French or German there is no problem. Fortunately for others it often has English versions.