0 Persons are tagged with #property

#property

wist@diasp.org
WIST

A quotation from Ingersoll, Robert Green

It is an insanity to get more than you want. Imagine a man in this city, an intelligent man, say with two or three millions of coats, eight or ten millions of hats, vast warehouses full of shoes, billions of neckties, and imagine that man getting up at four o’clock in the morning, in the rain and snow and sleet, working like a dog all day to get another necktie! Is not that exactly what the man of twenty or thirty millions, or of five millions, does to-day? Wearing his life out that somebody may say, “How rich he is!”

Robert Green Ingersoll (1833-1899) American lawyer, agnostic, orator
Speech (1886-11-14), “A Lay Sermon,” American Secular Union annual congress, Chickering Hall, New York City

#quote #quotes #quotation #avarice #acquisition #greed #image #materialism #need #property #reputation #riches #surplus #wealth
Sourcing / notes: https://wist.info/ingersoll-robert-green/73098/

1 Shares
wist@diasp.org
WIST

A quotation from Basil of Caesarea

Who are the greedy? Those who are not satisfied with what suffices for their own needs. Who are the robbers? Those who take for themselves what rightfully belongs to everyone. And you, are you not greedy? Are you not a robber? The things you received in trust as a stewardship, have you not appropriated them for yourself? Is not the person who strips another of clothing called a thief? And those who do not clothe the naked when they have the power to do so, should they not be called the same? The bread you are holding back is for the hungry, the clothes you keep put away are for the naked, the shoes that are rotting away with disuse are for those who have none, the silver you keep buried in the earth is for the needy. You are thus guilty of injustice toward as many as you might have aided, and did not.

Basil of Caesarea (AD 330-378) Christian bishop, theologian, monasticist, Doctor of the Church [Saint Basil the Great, Ἅγιος Βασίλειος ὁ Μέγας]
“I Will Tear Down My Barns [καθελῶ μου τὰς ἀποθήκας],” Sermon # 6 [tr. Schroeder (2009)]

#quote #quotes #quotation #avarice #charity #economicinjustice #greed #need #needy #property #redistribution #robber #steward #thief
Sourcing / notes: https://wist.info/basil-of-caesarea/71532/

"I Will Tear Down My Barns [καθελῶ μου τὰς ἀποθήκας]," Sermon # 6 [tr. Schroeder (2009)] - Basil of Caesarea | WIST Quotations

Who are the greedy? Those who are not satisfied with what suffices for their own needs. Who are the robbers? Those who take for themselves what rightfully belongs to everyone. And you, are you not greedy? Are you not a robber? The things you...

1 Shares
One person like that
One person like that
brainwavelost@nerdpol.ch
brainwavelost

#Taiwan, a developed country

Inequality of incomes and personal wealth remains high, as it does in most #capitalist economies. The highest-earning 20% get over six times the income of lowest earning 20%. The top 1% of wealth holders have 25% of all #wealth and the top 1% of income holders get 20% of all income.

Huge #property speculation has led to home prices jumping 50% in the last five years and accelerating, making it impossible for young Taiwanese to find decent accommodation.

The threat of an ‘invasion by China’ is probably the least of the worries of Taiwanese voters, despite the media barrage from the West and from Taiwan’s politicians.

source

Taiwan: the technology trade turn

Taiwan has a general election on Saturday.  The international media has highlighted the election as an important geopolitical pivot – namely, if the current incumbent government party, the Democrat…

One person like that
One person like that
nowisthetime@pod.automat.click
nowisthetime

enter image description here

How in the world did the Maui firestorms miss this mysteriously #unscathed #house and #property?!

Yep

https://stateofthenation.co/?p=181068

To me, it looks like the satanists are claiming all the island paradise locations for themselves, to get away from the effects of what they have in mind for the continental locations the remaining humans will be. The oceans are their territory. Maxwell's TerraMar project fits into this somehow. Jessie Czebotar has some very interesting things to say about it in this conversation with Sarah Westall in late 2021.

4 Likes
jalfro@diasp.eu
Gay Jesus

What is 'negative' freedom?

Imagine a society in which everyone is born with a socially guaranteed right not to be obstructed from their individual right of access to living space and subsistence production on the commons. Imagine, rather than the society of nuclear family households created by the atomizing effects of the modern state and capitalism, most people are born into micro-villages or other co-living units, with a birthright including adequate food and clothing, medical care, etc., in return for performing some minimum of contribution to the extended household’s needs (e.g. doing one’s 15 hours in the co-living project’s gardens and workshops) when capable of doing so. In that case, what right-libertarians dismiss as “positive freedom” would be every bit as much an actual “negative freedom” as the right of a corporate shareholder to receive dividends or participate in corporate governance without interference.

https://c4ss.org/content/58663

#anarchism #mutualism #freedom #property #libertarianism #capitalism #Carson

On “Positive” and “Negative” Freedom

Recently on Facebook, left-libertarian activist Brianna Coyle posted: Radical idea: The amount of freedom someone has in their life shouldn’t be dependent on how much money they have, or whether or not they own property. “Freedom of association”...

1 Shares
1 Comments
olladij@diaspora.permutationsofchaos.com
olladij

The economic miracle of the People’s Republic had some key features: Ever-rising home prices, surging household #debt, and a real estate sector that broadly contributes to one third of #GDP. Wary of an asset price bubble, #Xi drew three “red lines” last year to restrict financing and force developers to deleverage. A flurry of defaults ensued, including that of #property giant #China Evergrande (3333.HK), forcing bondholders to accept extensions or chase lawsuits. The #revolt on mortgage payments underscores #Beijing’s failure to ensure the losses stop there.
It puts the focus on China’s property buying preferences. New launches are almost always sold before they are built. When heavily indebted developers run out of cash, buyers are left with nothing but a debt obligation. #Evergrande warned of this problem in a letter it wrote in 2020 to local authorities: The company pleaded to be allowed to list a subsidiary to avoid a cash crunch that it said would cause huge financial and social risks, including two million buyers who might #protest over their 600,000-odd unfinished apartments.

https://www.reuters.com/breakingviews/china-property-crisis-enters-dangerous-next-phase-2022-07-14/ #economy #crisis

olladij@diaspora.permutationsofchaos.com
olladij

Charlene Chu, famed among #China watchers for warning about a debt bubble when at Fitch Ratings, says that pain is only just beginning for credit extended to Chinese #property.
In the wake of #Beijing’s sweeping crackdown on leverage built up in #realestate, China #Evergrande Group and others have defaulted on a slew of bonds. Chu, a senior analyst at Autonomous Research, a division of Sanford C. Bernstein & Co., estimated that “we have 30 companies who’ve defaulted with total liabilities of around $1 trillion.”
While banks have the safeguard of collateral for their loans to developers, “where things could start to get a lot more ugly” is if lenders start revaluing that collateral lower, Chu said in a June 15 interview with the One Decision podcast.
“We’re just so early in this process of these defaults happening, and restructurings usually take quite a long time,” said Chu, who was known at Fitch for warning in the early 2010s over debt risks in the shadow #banking sector. “We haven’t really gotten to the point of saying, ‘OK, well, what really is going to happen with that building?’”

https://www.bloomberg.com/news/articles/2022-07-07/china-property-slide-early-in-game-after-1-trillion-defaults #finance #crisis #economy

olladij@diaspora.permutationsofchaos.com
olladij

We must analyze the ambiguity of our support of #Ukraine with the same cruelty we analyze Russia’s stance. We should reach beyond double standards applied today to the very foundations of European #liberalism. Remember how, in the western liberal tradition, #colonization was often justified in the terms of the rights of working people. John Locke, the great #Enlightenment philosopher and advocate of #humanrights, justified white settlers grabbing land from Native Americans with a strange left-sounding argument against excessive private #property. His premise was that an individual should be allowed to own only as much land as he is able to use productively, not large tracts of land that he is not able to use (and then eventually rents to others). In North #America, as he saw it, Indigenous people were using vast tracts of land mostly just for hunting, and the white settlers who wanted to use it for intense #agriculture had the right to seize it for the benefit of humanity.
In the ongoing Ukraine #crisis, both sides present their acts as something they simply had to do: the west had to help Ukraine remain free and independent; #Russia was compelled to intervene militarily to protect its safety. The latest example: the Russian foreign ministry claiming Russia will be “forced to take retaliatory steps” if #Finland joins #Nato. No, it will not be “forced”, in the same way that Russia was not “forced” to attack Ukraine. This decision appears “forced” only if one accepts the whole set of ideological and geopolitical assumptions that sustain Russian #politics.

https://www.theguardian.com/commentisfree/2022/may/23/we-must-stop-letting-russia-define-the-terms-of-the-ukraine-crisis #war #geopolitics #israel #china #zizek

2 Likes