Crowdfund the Fed

Capitalism does no such thing. It's people who create wealth, and capitalism only provides stable rules and then lets people do their thing. The distinction is an important one, because it allows for a phenomenon called inertia.

Inertia happens when people aren't motivated or well organized enough to behave in the most economically rational fashion. High rent should literally solve the problem of high rent, because people looking to get in on the action build new houses to rent out, which would increase the housing supply. You might counter, "not everyone has the cash just lying around to build apartments", to which I would counter: why don't a large number of people pool their resources to get this built and each shareholder gets a chunk of the rent profits going forward in a way that's proportionate to their contribution? This is rational, but also not a lot of it happening.

Why don't old people respond to shrinking social security checks by moving in together and splitting the cost of rent? Why don't they come together and open their own communally run nursing homes (and hire their own staff) instead of moving into overpriced facilities? If doctors make so much money (and currently get generous scholarships from the state), why aren't more Americans going to medical school, thus alleviating healthcare personnel shortages? Why don't poor people use their surplus time and learning what they need to learn to get better jobs (there's a lot of free resources out there to get them started, and in any case even most poor people do have some disposable income)?

The answer is that too few people are motivated to do this stuff. Do you how billionaires made their billions? By organizing the masses in a highly efficient way. Billionaires wouldn't exist if people got off their asses and organized themselves into workers' cooperatives, which are perfectly legal under capitalism provided that nobody's forced at gunpoint to join one. Do workers' cooperatives suffer from issues that more hierarchical businesses don't? Hire a lawyer and draft the best corporate bylaws you can. But nobody wants to do this. Instead, they subordinate themselves to a leader who manages the whole affair and takes home the lion's share of the earnings.

Does regulation solve this stuff? No, you just make people even less motivated to do stuff because there's more hurdles to jump through for the most basic shit. Would a centrally planned economy? No, because the motivated few would be running everything just like they are now.

There is no answer but to cultivate a more motivated and better organized citizenry. This entails building a new national culture from the ground up.

Ah of course. You are struggling to pay your rent. Of course the answer is to instead buy 10 houses and rent them out. You are old and infirmed and can't afford to pay the costs of the nursing home, well, build your own nursing home! How obvious!

Ok call center guy.

Don't think I've ever read a dumber post. 

Oh you're poor? Well why not just go set up your own company, buy thousands of acres of land, organise hundreds of investors, organise talent, outcompete the already existing multi-billion dollar companies already doing all of this stuff? Of course!

Which just proves my point that people won't blame themselves.

Not what I said. If you want an extra source of income, you could pay a relatively small amount of money (say, $500) that the average person has the disposable income to part with or at least would if they chose not to spend it on other stuff, and get together with a large number of other people to jointly finance an apartment. Let say that, per this source:

It would take roughly 3,000 people to chip in to construct 6,800 square feet on a single story, a prospect that would be easily manageable over some kind of widely used mobile app. This would get you roughly 10 one-bedroom apartments, which on national average goes for about $1,700 a month, or $204,000 a year, meaning the investment would pay itself off in 7 and a half years. While obviously there are other expenses that go with this, we're still talking a decision that makes financial sense over the course of decades, and one that would make the world a better place by increasing the supply of housing.

Not one person, but everyone in the nursing home together. Shop around for the cheapest space big enough to accommodate everyone, or get a quote from various contractors on what it'd cost to build one on a plot of land from affordable materials. Again, this kind of stuff is doable in large groups even if a lone individual couldn't afford it.

Yes it is.

And what about the multi-billion dollar companies you'll compete with? They happily shove over, give up land to you at a decent price, not upbid you at every step,  on materials and talent too? I mean, they will probably try to crush you every step of the way. But then you just hire a team of lawyers on top of it all! Get even more sick old people to invest with you!

And at the end of it all, they all own a tiny fraction of who the fuck knows what. Swag's timeshares. 

Ok call center guy. 

For the ultra rich? What am I to blame? Lol!

I would vote in anyone, right or left to tame them and make them contribute to the country rather than be greedy pigs. Left fail to do this too.

What you are actually referring to, is the roll of humanity in a technologically progressive world, overburdened with humans.

Where the elite forge the future, the workers work and the hangers-on fuelled with social media over expectation, aimlessly scramble around, looking for the easy perfect life that social media advertises but doesn't actually exist.

And it's not my fault that I was born when and where I was born.

Nonetheless, a successful existence  depended upon hard physical or mental graft.

And the simple fact is that the thinking classes have always led and the labouring  classes have always followed.

But let's have a revolution, kill a few million who's success we resent and reorder society into exactly the same as it was before. Where the clever will lead and the rest will do as they are told...Because that's the way it works...And the reward system will still be based upon the distribution of money and the consequent availability of resources.

Though for now, let's all go to Glastonbury and be fucking pansexual summer revolutionaries for a day or two. LOL.

So let me ask you a question Badger.

Birth, life and death and all the associated shit.

What's the point of it all?