this post was submitted on 27 Jan 2026
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History Memes

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let's do the twist (quokk.au)
submitted 2 days ago by Deceptichum@quokk.au to c/historymemes@piefed.social
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Context: They still squeeze you for all they can.

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[–] PugJesus@piefed.social 41 points 2 days ago (1 children)

As Adam Smith once wisely observed:

The rent of land, therefore, considered as the price paid for the use of the land, is naturally a monopoly price. It is not at all proportioned to what the landlord may have laid out upon the improvement of the land, or to what he can afford to take; but to what the farmer can afford to give.

No matter what, landlords, as a class, will always demand as much as their victims can give.

[–] ThePyroPython@lemmy.world 14 points 1 day ago (1 children)

Hence why he argued that capitalism will only work within a moral framework or else it'll descend back into oligarchy.

Low and behold, we're there again.

[–] Asafum@lemmy.world 5 points 1 day ago

capitalism will only work within a moral framework

"It's just business."

"It's stupid to leave money on the table."

"If I didn't do it someone else would anyway."

"It's a free market."

"It's the market rate, don't be mad at me."

...