If 20 people need homes to live in and can’t afford to build them, suddenly landlords/investors have a place because they built housing inventory where others couldn’t. They won’t do that for free though and why should they.
I remember your username from prior threads, you’re a troll man. Take this crap to Reddit.
The nestle statements about profiting off people’s need for drinking water were universally viewed as disgusting. We shouldn’t always profit off the basic needs of other humans.
Propose pivoting our entire economy all you want, but do it in a way that doesn't cripple it and provides more than a one sided benefit masquerading as having no downside implications.
Yes. In fact, every developed country already does.
> you just removed profit from ~40% of GDP
Is the point of society to maximize profit all the time at the expense of other things, or to provide a good life for people and ensure their basic needs are met?
> provides more than a one sided benefit masquerading as having no downside implications
Of course there are downsides. Rich people will be less rich. Lower class people won’t be so easy to exploit. People will be happier and more content, so there will be less crime and less people in prison.
The fact you prioritize profits over people is both illuminating and horrific. What a terrible place you must live in.
I’m arguing for not just making one single law that X must be profit free as an entire industry without considering anything else. The government here would not provide housing. It would not invest in hospitals. It would not build universities. It would just ban them from being profitable and we’d all suffer because of the lack of supply that results. I think the difference here is I’m thinking if the practical implications of how it would be executed and you’re imagining some hypothetical scenario when it’s executed well. The fact other nations do it isn’t reassuring to me, precisely because we have proven time and time again that we will flat out refuse to look outward for ideas that are effective. We have to put our own stamp on it and mess it up, or just do nothing.