for - difference - China - US - tech and finance sector clash - silicon valley profits pay large rent to Wall street - In China, they harmonize - Yanis Varoufakis

This really lays out why some models have the clause for not training your own model. it's to avoid the creation of 'property' that a customer no longer needs to rent

Based on yesterday's discussion at Dan Allosso's Book Club, we don't include defense spending into the consumer price index for calculating inflation or other market indicators. What other things (communal goods) aren't included into these measures, but which potentially should be to take into account the balance of governmental spending versus individual spending. It seems unfair that individual sectors, particularly those like defense contracting which are capitalistic in nature, but which are living on governmental rent extraction, should be free from the vagaries of inflation?

Throwing them into the basket may create broader stability for the broader system and act as a brake via feedback mechanisms which would push those corporations to work for the broader economic good, particularly when they're taking such a large piece of the overall pie.

Similarly how might we adjust corporate tax rates with respect to the level of inflation to prevent corporate price gouging during times of inflation which seems to be seen in the current 2023 economic climate. Workers have seen some small gains in salary since the pandemic, but inflationary pressures have dramatically eaten into these taking the gains and then some back into corporate coffers. The FED can increase interest rates to effect some change, but this doesn't change corporate price gouging in any way, tax or other policies will be necessary to do this.

Micheal Hudson : tax the rent seeking class or face barbarism like in Rome - The situation today is degrading in the same way Rome degraded into feudalism - rent seeking class today is not the landlord class, but the financial and raw materials class that are making large fortunes from rent seeking - that is the system level reform necessary today

Predatory inclusion is a form of rent-seeking in which one preys on customers using monopoly power to extract excessive value for small add-on services.

Quotable.

Link to: https://hypothes.is/a/HVN2uPsDEeye0HtWv8bS1w

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Trying out these existing rent dragon slaying models to see what works in the local context is really important to a thriving commons.

This is a good general statement, but it ignores the fact that taxes on the "rich" also serve the function of recapturing wealth that has been acquired through rent-seeking behaviors. The bulk of income to those with the highest "earning" is actually unearned income resulting from rents.

ReconfigBehSci. (2021, January 14). RT @jimtankersley: The Biden ‘American Rescue Plan’ goes big: $1.9T, incl almost every Dem stimulus priority under the sun: State/local… [Tweet]. @SciBeh. https://twitter.com/SciBeh/status/1349993219988328449

Tankersley, J., & Crowley, M. (2021, January 14). Biden Outlines $1.9 Trillion Spending Package to Combat Virus and Downturn. The New York Times. https://www.nytimes.com/2021/01/14/business/economy/biden-economy.html

Societies have been inexorably been moving toward interdependence. More and more people specialize and sub-specialize into smaller fragments of the work that we do. As a result, we become more interdependent on the work of others to underpin our own. This makes the worry about renting a domain seem somewhat disingenuous, particularly when we can reasonably rely on the underlying structures to work to keep our domains in place.

Perhaps re-framing this idea may be worthwhile. While it may seem that we own our bodies (at least in modern liberal democracies, for the moment), a large portion of our bodies are comprised of bacteria which are simultaneously both separate and a part of us and who we are. The symbiosis between people and their bacteria has been going on so long and generally so consistently we don't realize that the interdependence even exists anymore. No one walks around talking about how they're renting their bacteria.

Eventually we'll get to a point where our interdependence on domain registrars and hosts becomes the same sort of symbiotic interdependence.

Another useful analogy is to look at our interdependence on all the other pieces in our lives which we don't own or directly control, but which still allow us to live and exist.

People only tend to notice the major breakdowns of these bits of our interdependence. Recently there has been a lot of political turmoil and strife in the United States because politicians have become more self-centered and focused on their own needs, wants, and desire for power that they aren't serving the majority of people. When our representatives don't do their best work at representing their constituencies, major breakdowns in our interdependence occur. We need to be able to rely on scientists to do their best work to inform politicians who we need to be able to trust to do their best work to improve our lives and the general welfare. When the breakdown happens it creates issues to the individual bodies that make up the society as well as the body of the society itself.

Who's renting who in this scenario?

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Rent Strike Bristol on Twitter. (n.d.). Twitter. Retrieved October 27, 2020, from https://twitter.com/RentStrikeBris/status/1317073795291729921

A good example of so-called capitalists playing the do as we say and not as we do game.

Partridge, Joanna. ‘Revive London’s West End with Culture Vouchers, Urges Thinktank’. The Guardian, 2 September 2020, sec. Stage. https://www.theguardian.com/stage/2020/sep/02/revive-londons-west-end-with-culture-vouchers-urges-thinktank.

Tech’s Embrace of Remote Work Sends San Francisco Rents Plunging. (2020, July 1). Bloomberg.Com. https://www.bloomberg.com/news/articles/2020-07-01/tech-s-embrace-of-remote-work-sends-san-francisco-rents-plunging

The sharing economy will have to change. (n.d.). The Economist. Retrieved June 8, 2020, from https://www.economist.com/business/2020/06/04/the-sharing-economy-will-have-to-change

Lynch, P. (2020, June 2). Lockdown break-ups and job changes boost rentals. BBC News. https://www.bbc.com/news/uk-england-52847319

Dougherty, C. (2020, May 31). Tenants Largely Stay Current on Rent, for Now. The New York Times. https://www.nytimes.com/2020/05/31/business/economy/coronavirus-rent-landlords-tenants.html

By making sure renters stay where they are and that landlords cannot get market rent for their properties, it will discourage the building of rental units and encourage the selling of existing rental units.

TT shall pay LL, as Additional Rent, TT’s proportionate share of Common Area Expenses is initially estimated to be $8.74/SF/annum, shall be payable in advance on or before the 1st day of each month.

A study of housing cost in San Francisco from the 1950s to 2016.