Wikipedia

3498 readers

12 users here now

A place to share interesting articles from Wikipedia.

Rules:

Only links to Wikipedia permitted
Please stick to the format "Article Title (other descriptive text/editorialization)"
Tick the NSFW box for submissions with inappropriate thumbnails
On Casual Tuesdays, we allow submissions from wikis other than Wikipedia.

Recommended:

If possible, when submitting please delete the "m." from "en.m.wikipedia.org". This will ensure people clicking from desktop will get the full Wikipedia website.
Use the search box to see if someone has previously submitted an article. Some apps will also notify you if you are resubmitting an article previously shared on Lemmy.

founded 2 years ago

MODERATORS

dantheclamman@lemmy.world

Plum@lemmy.world

234

Houses are for living, not for speculation (en.wikipedia.org)

submitted 3 days ago by eah@programming.dev to c/wikipedia@lemmy.world

39 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] Prove_your_argument@piefed.social 27 points 3 days ago (1 children)

They're building infrastructure. Infrastructure enables economic growth.

The US builds nothing but more luxury homes, casinos and sports stadiums.... and whatever fast food trend is growing.

I know it's not quite that simple, but it sure feels like it sometimes.

[–] UnderpantsWeevil@lemmy.world 15 points 3 days ago

I know it’s not quite that simple,

It's kinda worse than that. The US financialized the luxury homes and casinos and sports stadiums. So they're paying a vig on a vig to give a tiny minority the 1980s conception of luxury.

Enormous sums of money just get recirculated into speculative investment. This has created the cryptocurrency surge - yet another layer of speculative investment - and the ballooning investment in AI as a means of automating marketing and debt collection.

We've done the Economy That Just Makes Paperclips except without the paperclips.