“hooks said that she suffered from patriarchy as a landlord b/c the men she employed to work her properties didn’t show her the proper respect sometimes”

    • mkultrawide [any]@hexbear.net
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      2 years ago

      There is no intrinsic demand for stocks. I don’t need stocks to survive. You don’t need stocks to survive. Most stockowners are not even getting dividends from the company, save for a buyback, for the stocks they own. It’s people on the stock market trading back and forth on pieces of paper that are at best partially tied to a company’s actual financials.

      She is buying up a commodity that people actually need and directly extracting excess profit (rent) from the people who need to actually use that house. Not just that, but it is one of the most demand price inelastic expenses that people have to pay, meaning that she is directly sucking their wages that could have gone to cover other things.

      Being a landlord is uniquely vile among the capitalist class activities.