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"Rent-seeking" is an attempt to obtain economic rent (i.e., the portion of income paid to a factor of production in excess of what is needed to keep it employed in its current use) by manipulating the social or political environment in which economic activities occur, rather than by creating new wealth.
Private property in the means of production is the central element of capitalism criticized by socialists. In Marxist literature, private property refers to a social relationship in which the property owner takes possession of anything that another person or group produces with that property and capitalism depends on private property. [19]
A swapped property ID, identified years earlier, caused years of panic and legal battles. ... Chicago woman loses home despite paying property taxes on time for over a decade — sold for ...
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Marxists argue that private property is a social relationship between the owner and persons deprived, i.e. not a relationship between person and thing. Private property may include artifacts, factories, mines, dams, infrastructure, natural vegetation, mountains, deserts, and seas –these generate capital for the owner without the owner ...
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Within the OECD, social housing represents an average of 7% of national housing stock (2020), ranging from ~34% in the Netherlands to less than 1% in Colombia. [3] [4] In the United States, public housing developments are classified as housing projects that are owned by a housing authority or a low-income (project-based voucher) property. PBV ...
There is some debate about the question of private property and economic organization which is mainly caused by the meaning of private property. Social anarchists claim that the existence of private property (productive property) results in wage slavery while certain anti-capitalist individualist anarchists and mutualists argue for private ...