r/Glasgow Tools

Title
Author	qawmiyah
Comment	OP you have tossed out the premise that all capitalism is exploitation and therefore immoral so rentierism is fine since the whole system is fucked. Based on your posting history, you work in offshore wind/GIS, which is great. Your labor would be worthless (ie cannot be profited from or add benefit to society) if there was not an entire organogram of admins, techs, engineers, managers/CEOs, and bankers who aid, guide, and fund your work. Your superiors and their financial backers profit from your work. You in turn profit and benefit from the work of those below you in the great chain of bureaucratic being. Rentierism, however, does not add value to anyone's labor. It is profit entirely through the exploitation of a limited resource, in this case, housing. You and your parents have housing, others need it, so you can charge rent. Your capital is used to maintain your investment and reap profit. The labor of your tenants makes this investment and maintenance possible. If your tenants had capital, you could not profit. You and your parents add nothing to the labor of your tenants. Ah, but would your tenants be able to labor if it was not for you charging to access your limited resource? Yes, they could continue to labor, but somewhere, probably less convenient and with more of a commute, a short-term landlord could give your engineer/programmer tenant a flat. Rentierism remains the same regardless of locale. It is noting but the exploitation of a limited resource by those who have access to capital and adds nothing to the great chain of being.
Reddit Link	https://www.reddit.com/r/glasgow/comments/hoq39g/reddit_hates_landlords_and_second_home_owners_but/fxkchvh/
Created	Fri 10th Jul 2020 9:00pm
Status	normal ()

OP you have tossed out the premise that all capitalism is exploitation and therefore immoral so rentierism is fine since the whole system is fucked.

Based on your posting history, you work in offshore wind/GIS, which is great. Your labor would be worthless (ie cannot be profited from or add benefit to society) if there was not an entire organogram of admins, techs, engineers, managers/CEOs, and bankers who aid, guide, and fund your work. Your superiors and their financial backers profit from your work. You in turn profit and benefit from the work of those below you in the great chain of bureaucratic being.

Rentierism, however, does not add value to anyone's labor. It is profit entirely through the exploitation of a limited resource, in this case, housing. You and your parents have housing, others need it, so you can charge rent. Your capital is used to maintain your investment and reap profit. The labor of your tenants makes this investment and maintenance possible. If your tenants had capital, you could not profit. You and your parents add nothing to the labor of your tenants.

Ah, but would your tenants *be able to* labor if it was not for you charging to access your limited resource? Yes, they could continue to labor, but somewhere, probably less convenient and with more of a commute, a short-term landlord could give your engineer/programmer tenant a flat. Rentierism remains the same regardless of locale. It is noting but the exploitation of a limited resource by those who have access to capital and adds nothing to the great chain of being.