Re: So - what do we do about economic growth?
Posted: Thu Jan 04, 2024 12:26 pm
Crossing our fingers
https://verduria.org/
I mean... yeah, agreed, but as you point out, the correlation *has* been breaking down, and the closer one looks at it the more it breaks down even in history: did enclosure increase the living standards? This is an artifice of the system, though: it's just because private investment relies on profit, and so if the volume of transactions doesn't grow you start getting less and less aggregate investment. so we need growth, I agree, but only because we're playing at this destructive game of capitalism. This could be solved by revolutionary international struggle culminating in global abolition of capitalism, but a more likely solution is going to be de-marketization of certain things (and stopping the marketization of others, such as air). The objection of "rent discourages building new houses" is not false, but there are other ways for things to get done than "only the rich get to do things, and only if they think they'll get richer from doing them". most roads have their rent, or tolls, capped at zero (i.e. it's not allowed for people to charge you for using the sidewalk), after all, and we don't, for the most part, have a problem with paucity of roads.Ares Land wrote:The key to your disagreement is that, at first approximation, they're not that far away. Recessions are pretty dreadful, high growth usually helps with unemployment. GDP growth correlates with rising standards of living, and so on.
Quite so! though I would the concentration of workplaces: I'm sure it's the same in the US but here wherever houses are relatively cheap it's because it's somewhere where you couldn't afford to move unless you're a pensioner or a remote worker. this is in turn tied to big megacorps displacing small businesses, which is in turn tied to deregulation.zompist wrote:All over, of course, the problem isn't so much "no housing" as "expensive housing in the places people really want to live." Naturally this is closely tied to transit and good schools-- also things that are locally decided and thus insanely badly distributed here.
We're all unimaginably poor compared to our hypothetical descendants in the space of good futures, in the same way that we're unimaginably rich compared to our ancestors. Life is short, it's good not to have to spend it engaged in home production, and in an ideal world even the dishes would wash themselves.Ares Land wrote: ↑Thu Jan 04, 2024 3:20 amWould any of that help with poverty? I doubt it. Would it, in fact, really improve much standards of living? Would people be any happier?Nortaneous wrote: ↑Thu Jan 04, 2024 2:09 am Western Europe doesn't produce enough. Neither does the US. If energy is too cheap to meter, you can produce water by desalinization, synthesize carbon-neutral LNG from CO2 in the air, and grow tropical fruits in hydroponic greenhouses as far north as Alaska. It's nice to be able to eat strawberries in winter; it'd be nicer to be able to buy mangosteens, baels, and naranjillas for $3/lb or less at any grocery store anywhere in the world.
We got enough tasteless hydroponic fruit as it is
Desalinization or synthesizing LNG are besides, inelegant, brute-force solutions to problems that could be fixed by not wasting in the first place.
And network effects. If you're a careermaxxing software engineer, you want to live in the Bay Area, because that's where the most companies, networking opportunities, chances to learn valuable obscurata about the tradecraft and the fashions of your field, etc. are.Torco wrote: ↑Fri Jan 05, 2024 1:39 pm I'm sure it's the same in the US but here wherever houses are relatively cheap it's because it's somewhere where you couldn't afford to move unless you're a pensioner or a remote worker. this is in turn tied to big megacorps displacing small businesses, which is in turn tied to deregulation.
More or less true, but that's rather misleading, and doesn't show that more housing isn't needed.
Yes, where the jobs are is still important, though much less so if remote work is allowed.Quite so! though I would the concentration of workplaces: I'm sure it's the same in the US but here wherever houses are relatively cheap it's because it's somewhere where you couldn't afford to move unless you're a pensioner or a remote worker. this is in turn tied to big megacorps displacing small businesses, which is in turn tied to deregulation.zompist wrote:All over, of course, the problem isn't so much "no housing" as "expensive housing in the places people really want to live." Naturally this is closely tied to transit and good schools-- also things that are locally decided and thus insanely badly distributed here.
I know, it's crazy! almost as if to each according to their needs was, at least with some goods, a fantastic idea.What do we do about the homeless? Astonishingly, giving them homes works, as has been very successfully tried in that capitalist hellhole, Finland.
Here I think trends are moving towards less energy-intensive approaches in terms of food production. Local and/or organic, more small scale farms. I live in the countryside and most of what we eat is locally grown. It's possible more expensive -- though not that much; the profit margins of retail being high, you can save a lot if you're able to cut the middlemen and buy from producers directly.Nortaneous wrote: ↑Fri Jan 05, 2024 2:01 pm
"Not wasting" is a euphemism for "increasing the price of". If water is cheap, you can use it to grow alfalfa in California; if it's expensive, you can't. If you can't grow alfalfa in California, the price of alfalfa rises, which pushes up the price of meat. Inexpensive meat is a major achievement of our civilization - it took a few thousand years to figure out how to do it, but state agriculturalists are finally healthier than non-state hunter-gatherers along one specific dimension. There are a lot of other dimensions where they aren't, though; more work is necessary. But, unfortunately, there is no alternative to making state agriculturalism viable, because the alternative is losing a war and being enslaved or forced onto land that the system of state-agricultural civilization doesn't want yet.
As it happens, that's a huge problem in France. The consequences can be pretty bad; there's a limited housing supply in scenic, touristy area; having buyers from all over France means the locals are out priced in scenic, but low-income areas.zompist wrote: ↑Fri Jan 05, 2024 4:23 pm The numbers are also complicated by vacation homes, which make up 33% of vacancies. It's 67% in Miami Beach, the top city for vacancies. As a good Marxist, you presumably would say that no one should own two homes. I wouldn't really object, though that means no dacha for you, comrade. But it doesn't have much to do with homelessness.
Furthermore, it matters that the houses are not only in the right city, but in the right neighborhood. Wasn't Chicago recently selling empty lots for 1$ ? But when I look at a map of the lots for sale ( https://chiblockbuilder.com/ ), almost all are in the bad parts of town ( https://upload.wikimedia.org/wikipedia/ ... ap.svg.png ) that nobody in their right mind would want to move to. (Sure, if you bought an empty lot, you'd still have to spend money to build a house, but usually the lot itself is a significant (if not the majority) part of the price of buying an already existing house.)Not everyone may have an exhaustive knowledge of where the hot US cities are, so here are the top cities by population:
Miami Beach FL, Asheville NC, Detroit MI, Pompano Beach FL, Concord NC, Macon-Bibb GA, Augusta GA, Dayton OH, St Louis MO, Birmingham AL
Not everyone may have an exhaustive knowledge of where the hot US cities are, so here are the top cities by population:
New York NY, Los Angeles CA, Chicago IL, Houston TX, Phoenix AZ, Philadelphia PA, San Antonio TX, San Diego CA, Dallas TX, Austin TX.
Notice the overlap? Zero. The vacant houses are not where people want to live. New York City has a vacancy rate of 3.1%, the lowest of any major city. That's the sort of number where a city should well think about new housing, and not at the tiny trickle level.
Hey, murders in 2023 were down 23% over 2021!jcb wrote: ↑Mon Jan 08, 2024 11:02 pm Wasn't Chicago recently selling empty lots for 1$ ? But when I look at a map of the lots for sale ( https://chiblockbuilder.com/ ), almost all are in the bad parts of town ( https://upload.wikimedia.org/wikipedia/ ... ap.svg.png ) that nobody in their right mind would want to move to.
Are the profit margins of retail high? Grocery stores typically have profit margins around 2%. I don't know what the profit margins of grocery stores and their middlemen are, but with inherently little market differentiation they shouldn't be very high either. Apples are much more expensive from a farmer's market than from the grocery store, but grocery store apples are tasteless, coated in wax, and who knows what else - local/organic/small-scale/etc. IME competes on quality, not on price. It's not paying less for the same thing, but paying more for a noticeably better thing.Ares Land wrote: ↑Mon Jan 08, 2024 7:36 amHere I think trends are moving towards less energy-intensive approaches in terms of food production. Local and/or organic, more small scale farms. I live in the countryside and most of what we eat is locally grown. It's possible more expensive -- though not that much; the profit margins of retail being high, you can save a lot if you're able to cut the middlemen and buy from producers directly.Nortaneous wrote: ↑Fri Jan 05, 2024 2:01 pm
"Not wasting" is a euphemism for "increasing the price of". If water is cheap, you can use it to grow alfalfa in California; if it's expensive, you can't. If you can't grow alfalfa in California, the price of alfalfa rises, which pushes up the price of meat. Inexpensive meat is a major achievement of our civilization - it took a few thousand years to figure out how to do it, but state agriculturalists are finally healthier than non-state hunter-gatherers along one specific dimension. There are a lot of other dimensions where they aren't, though; more work is necessary. But, unfortunately, there is no alternative to making state agriculturalism viable, because the alternative is losing a war and being enslaved or forced onto land that the system of state-agricultural civilization doesn't want yet.
Grocery stores are famously low on profit margin. That's one reason they emphasize things like deli and bakery goods— they make much more profit on those.Nortaneous wrote: ↑Tue Jan 09, 2024 7:32 pm Are the profit margins of retail high? Grocery stores typically have profit margins around 2%. I don't know what the profit margins of grocery stores and their middlemen are, but with inherently little market differentiation they shouldn't be very high either.
The gross profit margin can be high, and this is what you save on if you can buy from the producers directly (which, of course, isn't always possible) though I agree on your point that local/small-scale competes on quality.Nortaneous wrote: ↑Tue Jan 09, 2024 7:32 pm Are the profit margins of retail high? Grocery stores typically have profit margins around 2%. I don't know what the profit margins of grocery stores and their middlemen are, but with inherently little market differentiation they shouldn't be very high either. Apples are much more expensive from a farmer's market than from the grocery store, but grocery store apples are tasteless, coated in wax, and who knows what else - local/organic/small-scale/etc. IME competes on quality, not on price. It's not paying less for the same thing, but paying more for a noticeably better thing.
Indeed, most American cities have poor zoning laws that prohibit building anything that isn't a "Single-family detached home" in residential areas. And the houses that don't follow the law exist only because they were built before the law and were grandfathered in. Look up "missing middle" on youtube ( https://www.youtube.com/results?search_ ... ing+middle ) for 100 different videos on the topic.rotting bones wrote: ↑Fri Jan 12, 2024 1:51 pmWhat is the capitalist "solution" to this crisis? One suggestion is to remove government regulations on building trailer homes. Everyone can be housed as long as newcomers celebrate coming into possession of worse quality accomodations.
Huh? I understand being down on the world, but do you just not notice what's happened since 1990?
Yeah, same thing here. Except for the guns. I think.rotting bones wrote: ↑Fri Jan 12, 2024 1:51 pm A huge factor behind the lack of affordable housing in America is that home owners want property values to keep rising forever. There have been incidents where home owners come in with guns and threaten policy meetings. In fact, there are concerns that if housing becomes affordable, then the economy might crash. Something similar happened in China. A lot of growth is predicated on speculation about housing prices.
I should add, though, that a lot of this is happening in spite of capitalism, not thanks to it.zompist wrote: ↑Sun Jan 14, 2024 11:56 pm Huh? I understand being down on the world, but do you just not notice what's happened since 1990?
1. The computer revolution (computers came earlier, but they transformed education, entertainment, and business)
2. You probably are connected to the world through a device in your pocket
3. Renewable energy became efficient
4. Absolute poverty in the world has been reduced by half
5. Near eradication of many diseases. As just one example, guinea worm infestation went from 3.5 million to 11
6. Ongoing transition to electric cars
7. About 2 billion people gained access to clean water
Also, your work may require you to carry the damn thing with you all day, every day to be on call to come to work. And because you probably aren't part of a union, there's nothing you can do about this except quit... and get another job that'll probably require you to do the same damn thing. This sucks.For any item in that list, I could list ways in which capitalism is making things more difficult: computer and cell phones are way less durable than they should, social media have been turned into Nazi enablement machines, the whole enshittification things, plus the damn things are spying on you.
That reminds me of this passage:jcb wrote: ↑Mon Jan 15, 2024 2:48 pm Also, your work may require you to carry the damn thing with you all day, every day to be on call to come to work. And because you probably aren't part of a union, there's nothing you can do about this except quit... and get another job that'll probably require you to do the same damn thing. This sucks.
Written in 1898.Jerome K. Jerome wrote:I suppose the telephone is really a useful invention. My own wonder always is, how any human being with the ordinary passions of the race can conduct his business creditably within a hundred yards of the invention. I can imagine Job, or Griselda, or Socrates liking to have a telephone about them as exercise.... Myself, I am, perhaps, too sensitive. I once lived for a month in an office with a telephone, if one could call it life. ...I know friends of mine, men once fearless and high-spirited, who now stand in front of their own telephone for a quarter of an hour at a time, and never so much as answer it back. ...That is what happens: you either break the telephone, or the telephone breaks you."