this post was submitted on 10 May 2025
141 points (96.7% liked)

Canada

9666 readers
667 users here now

What's going on Canada?



Related Communities


🍁 Meta


🗺️ Provinces / Territories


🏙️ Cities / Local Communities

Sorted alphabetically by city name.


🏒 SportsHockey

Football (NFL): incomplete

Football (CFL): incomplete

Baseball

Basketball

Soccer


💻 Schools / Universities

Sorted by province, then by total full-time enrolment.


💵 Finance, Shopping, Sales


🗣️ Politics


🍁 Social / Culture


Rules

  1. Keep the original title when submitting an article. You can put your own commentary in the body of the post or in the comment section.

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage: lemmy.ca


founded 4 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] bitwise@lemmy.ca 1 points 2 days ago (1 children)

Unfortunately, I think you're right. As long as property can be owned indefinitely with inconsequential payments into the system (property tax), the race to own useful land will be the last chance for people to establish their own rent-seeking behaviour.

Eventually, the bottom of the pyramid gets crushed or gives up trying to hold the rest of it up. Guess we'll find out soon enough :(

[–] Blurntout@lemmy.ca 2 points 2 days ago

When you think about the percentage of corporate evaluations that are construed of intangible assets it gives me some hope that it’ll topple more like jenga than the bottom of a pyramid 😅