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Comment Re: Why? (Score 1) 144

If every place where you spend money engages in renter economy behavior, like creating impossible to repair products or requiring a paid membership fee or subscription, then where will you spend your money? If every property in your preferred neighborhood is bought up by a renter, then what?

The market loves recurring revenue.

Comment Re: Why? (Score 1) 144

A completely free market inevitably becomes a renter economy.

The irony of your threat of communism is that a free market will mean you will own nothing. In a communist government the government owns everything and in a truly free market economy the industrialists and private equity types own everything.

How are either of these good things? How does either one lift up all of society?

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