Because in practice the line between capital and personal property is very thin. Can a car or apartment not be used to generate income in a modern economy?
When the soviets were in power they would force multiple families under one roof (kommunalka). Think 4-8 families sharing a kitchen and a bathroom. Each family was given just one room and all housing was considered communal housing https://en.wikipedia.org/wiki/Communal_apartment?wprov=sfti1
After Stalin’s death families began receiving single family apartments due to massive housing reform by Kruschev, but were hastily built and called ‘khrushchyoba,’ a cross between Khrushchev’s name and the Russian term for slums. That by the way still leaves a multigenerational period from 1917-1954 where the kommunalka would have been the primary unit of housing.
You can generate money with a car or a farm. The whole problem with capitalism is getting money without working because you let people work with your stuff. So owning a car and use ist as a taxi is fine with communism. Having a taxi company is not. But you can form a taxi company with others. The difference is no one has financial power over others. No one just profits because he/she is the owner. There are people in charge but they are in charge because they have the knowledge and ability not just because they own everything and can do what they want.
Listen, I’m a worker who saved money through my labour. Why should I not get to use my saved labour by deploying it into an investment?
People accuse leftists of idealist thinking but in what fantasy world are you thinking your personal savings from selling your labor is ever going to come close to what would be considered “capital” in the sense being discussed here?
Where do you think the value for your return on investment comes from? It’s extracted from the labor of workers.
Why should you get money for doing nothing? I think that is a good question. If your investments are earning money, for example because you invested in real estate, then you’ve driven up the price of rent for the rest of us.
But anyway, in reality almost all of the money in the stock market is held by people who are not like you, people who didn’t save their money by working a nine to five for 10 or 20 years.
Nobody is stopping you from leaving your money sitting in a bank account. Nobody is suggesting you shouldn’t save money.
How dare you make fiscally responsible investments and expect some return in exchange for the risk you’re taking on by letting others use your stuff. How. Dare. You. /s
That was a really fascinating read, thanks. Checked out a few of the other links from the wiki. Do you happen to have or know where I can see interior pictures and floorplans?
I’ll try looking it up myself in the meantime; I love stuff of that nature
You should check out “The Cold War Podcast”. The housing episode is really good.
