Own Nothing and Love It

An unholy alliance of planners, financiers, and leftists wants everyone to live in mass social housing developments.

From the ancient world to modern times, the class of small property owners have constituted the sine qua non of democratic self-government. But today this class is under attack by what Aristotle described as an oligarchia, an unelected power elite that controls the political economy for its own purposes. In contrast, the rise of small holders were critical to the re-emergence and growth of democracy first in the Netherlands, followed by North America, Australia, and much of Europe.

Today the current class of small holders face a threat from two powerful hegemonies, tech and financial interests, and increasingly intrusive bureaucracies. Both favor policies that would force higher population densities, which would likely raise housing costs and lead to lifetime renting for middle income households who would otherwise own their own homes. These forces—one long associated with the right, and the other the left—share a common agenda, though for different reasons.

#AmericanMind #Leftists #MassHousing #OwnNothing