Why Is Rent So High?
Explicit content warning
08/01/23 • 25 min
2 Listeners
Mia walks through some of the history and theory of landlords as a class and rent as a concept to explain why modern rents are so high.
Donate to the Burgerville Worker's Union Fund: bit.ly/burgerdefense
See omnystudio.com/listener for privacy information.
Mia walks through some of the history and theory of landlords as a class and rent as a concept to explain why modern rents are so high.
Donate to the Burgerville Worker's Union Fund: bit.ly/burgerdefense
See omnystudio.com/listener for privacy information.
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It Could Happen Here - Why Is Rent So High?
Transcript
Hi, this is Mia. So before we get to today's episode, last Friday, the rank and file of the Burgerville Workers Union, which is the country's first successful fast food union, went on strike against a campaign of disciplinings and firings of primarily trans and PIOC workers by the bosses who are once again trying to crush the union. The strike has worked so far, but they need support from the community to help pay workers and help these people fe
Why Is Rent So High? Top Questions Answered
What is the Burgerville Workers Union striking against?
The Burgerville Workers Union is striking against violations of workers' rights.
What is the concept of rent in terms of money?
Rent in this context refers to money received from owning something, not from producing anything.
How do landowners extract value from the economy?
Landowners extract value from the economy by receiving rent from capitalists who use their land.
What did Mark see landowners as?
Mark saw landowners as an obstacle to the development of capitalism.
How did developmentalist ideologies aim to develop industrial economies?
Developmentalist ideologies utilized protectionist measures to promote the development of industrial economies.
Does land reform impact a country's economic performance?
Yes, countries with land reform tend to perform better economically as it helps overcome hindrances to industrialization caused by landowning classes.
Whose political conception of nature did Fernando Corinial study?
Fernando Corinial studied the political conception of nature and its ties to Venezuelan statecraft.
How does Corinial differentiate rent in macroeconomics and microeconomics?
Corinial differentiates between rent in macroeconomics (rent paid to landowners by capitalists) and rent in microeconomics (rent as payment for natural capital).
What are the two different kinds of rent?
The two different kinds of rent are differential rent (based on market price and efficiency) and absolute rent (determined by social power and landownership).
How does landlords' social power influence rent?
Landlords' social power allows them to set ever-increasing rents, contributing to issues like housing crises and evictions.
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