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[EN] Mind Over Matter #2: Refeudalization of Society?

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Written by   45
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Mind Over Matter #2 | August 30, 2021 | Fernando Tona

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Not that I am a vast connoisseur of political science, but, according to the Cambridge Dictionary, Capitalism is:

"an economic, political, and social system in which property, business, and industry are privately owned, directed towards making the greatest possible profits for successful organizations and people."

I've read a lot on the subject around and I've found tons of different perspectives, different points of view of what may or may not be considered a capitalist society. Some points of view about capitalism also admit or "tolerate" coexistence of both public and private property simultaneously, and different ways of using those properties as usufruct for individuals or collectives. However, an idea that seems to be transversely common across all this different interpretations of what capitalism may be, or even of what all those sub-types of capitalist societies may be, is that capitalism always foresee the people's right to own their private property if they want it and they struggle for it in a voluntary way. Well, not including inheritance actually... inheritance is not necessarily voluntary, but, well... you have the right to refuse to accept... ugh...

According to Investopedia:

"Private property rights are fundamental to capitalism. Most modern concepts of private property stem from John Locke's theory of homesteading, in which human beings claim ownership through mixing their labor with unclaimed resources. Once owned, the only legitimate means of transferring property are through voluntary exchange, gifts, inheritance, or re-homesteading of abandoned property."

It's become harder and harder for people from below to acquire their own private property where to live. To acquire their own private space.

On the other hand, a Feudal society is a society in which the vassals, the common rabble, the peasants, work towards feeding the landlords, hence making them more and more fat as a consequence. The servants couldn't ever aspire to own their private property or to move up a notch in the social stratum in a feudal society nor dare they do nowadays. Neofeudalism?

Image from https://prydain.fandom.com/wiki/Real_Prydain:_Feudalism

A loan is not private property. If you're paying a house or an apartment for 30 or 40 years it's not your property during that long period of slavery of your life. During that period, the place you live in is the bank's property. It's just yours for a couple of years when you're old enough to be able not to enjoy any of your efforts. If you're paying rental, it's also not your property. It's someone else's property and you're just feeding someone else's belly. It's just a property that someone lends you for money, just like in a feudal society.

Some people defend that we should aim towards making poor people's rentals cheaper. Oh, thank you for the mercy my lords but I cannot totally agree with you. Why not helping people obtain their own private property instead of forcing them to pay rentals for almost all their lifetime?

Do you want to help the poor for real? Here follow some pragmatic suggestions:

1 - Spread some FUD over the Real-Estate markets as you usually do with crypto or stocks when you want prices to fall in order for you to purchase. Entice panic sell.

2 - Fight to force central banks and similar entities to stop printing ghost or fake money out of the thin air and injecting it into our economies. This way our salaries won't devaluate.

3 - If you own more than the house you live in and an extra for vacations, try to be less cruel and stop seeing real-estate as a reserve of value. Instead, start seeing it as other's first-need good.

If you still have some luck and you made it being young without your parents' help or "patronage", you still have to pay taxes in most of the "developed countries" to their respective governments for "your" own private property yearly, just for existing. So, if you're paying the right to live in "your own property" it's not definitely yours. Well, Descartes would say: "I exist, therefore I pay taxes or rentals".

This last previous statements drive me thru the following questions: Is capitalism self-destructing itself? Are governments destroying capitalism? Too much laissez-faire around? Not laissez-faire enough? What's going on? The need to struggle for earning your things is acceptable, but, that's not what's happening. Poor people are definitely not earning their things. They're (I am, at least) just struggling hard to pay luxuries for banksters, private landlords and corrupt inefficient governments.

Shouldn't capitalism be for all? I mean, if we're not in a feudal society we should all have the right to own our private property for larger times of our lifes and not only (perhaps, who knows) during the last 10 years of your unhealthy-decadent life.

You think I'm being a social-whatever-shite by writing this filthy words? No no no my dear reader! Me writing this is a matter of self-interest! I don't want to see myself being blackmailed anymore because of not having my own house.

If you live in a private fat landlord's rented house or in a social-whatever governmental low-cost or even "free of charge" space, you'll be always blackmailed. Those with the power may always threaten you, silencing your mouth and making you show them some respect or subservience otherwise they may kick you out whenever they please. My self-interest also tells me that I don't want to see anymore people around committing crimes just to find the money to pay for a house rent or mortgage.

You thought that a capitalist would always defend prices and profits from businesses going up or that a capitalist would always defend corporations interests and "bossyness"? You're wrong babe. Thing is that History has always been written by the rich, not by the poor, so we only have access to a small part of the story. I'll fight for my right to own my own private property, not to sustain any landlords. Long live capitalism, long live MY right to own MY own private property where to live as a home!

Wake up poor peasants. Unite and fight for your right to own YOUR ACTUAL PRIVATE PROPERTY! SAY NO TO NEOFEUDALISM!

____________

Suggested further reads:

MAKING THE DISTINCTION BETWEEN LIBERALISM AND CAPITALISM IN THE 21ST CENTURY

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Comments

Very interesting comparison. In a way, renting a house really does sound unnervingly similar to a feudal society, in which you pay for the privilege of having a roof over your head with your labour. It's even worse in a way, since historians have been disputing the very concept of feudalism, which seemed to vary greatly from country to country and throughout time periods, and in many places/periods peasants actually owned their houses and fields.

Unfortunately we're seeing first hand real estate prices going through the roof, even in our poor little country, even in our relatively small towns. I could simply never afford a house on my own, and even if my girlfriend had a stable job, the vast majority of our combined salaries would be spent on rent/loan and other basic necessities. I'm fortunate enough that I can live with my parents, but that comes with a feeling of arrested development, that I'm not really an adult because I still fail at the elementary accomplishment of affording my own living space.

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3 months ago

I believe that there existed some exceptions in the past. But, exceptions are not the rule. Thing is that even now something similar is happening. The new Barbarians (rich foreigners) are buying everything and forcing people to run from cities and to live in feudal territories... Do you see the pic? That's why I'm calling it "neofeudalism", because it has some small differences but...

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3 months ago

We are actually paying a house loan as EMIs every month and I genuinely hate that..i never understand the concept of "owning" a house on loan... i support the concept "if you can buy something with cash, go ahead buy it but if you can't, never take loan" because its better to pay rent and live in a nice house than paying huge money for a moderate house

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3 months ago

Yeah. Thing is, here in Portugal, and probably within all the EU, it's getting cheaper to pay mortgages than to pay rents. But, both are getting unpayable for the poor and it's becoming harder and harder for "the middle class"... Prices are always going up.

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3 months ago

Oh I understand you so well, and yes, our Emi sums up to 25k and in my city, to take a decent house for rent, it would again take some 20k plus maintenence bla bla... so, people do prefer paying mortgages over rent

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3 months ago