I Own Slaves.
How so? Because I own a lot of land, and collect rent from tenants. By implication, this makes me a master and other people slaves.
How so? Because rent is an unearned income - it has no cost inputs related to the rental output. If I did nothing for the income, who did? Whomever did the work are the slaves. That might not be my tenants but in the myriad of economic exchanges across the world, tenants are the largest class of slaves.
This economic effect applies to mortgagors identically, except that the mortgagor at least has a hope of becoming a freemen one day.
This is a most curious proposition because most people think the old negro race suffered most from slavery. The negro race even seem to be proud of their monopoly on slavery which is even more curious.
Once you see through this, and understand the distribution of wealth is governed totally by who can claim the economic rents, it's obvious the negro race are a teeny weeny proportion of all slaves ever to have existed so do not deserve the monopoly some of them are so proud of.
Slavery is systemic through the ownership of real estate today. All races are equally enslaved by it. All races are equally slave owners by it.
And just because you purchased the perpetual rental stream when you bought your home does not mean you are free from complicity. That land will rise in value at 5% y/y or double every decade. That increase determines the extent of how many slaves you own.
And if you regress this same effect back to when the land was free, your home purchase was really the purchase of the work of all ancestral slaves.
Finally, the building on top of the land, depreciates as soon as you buy it. In 20 years it will be fully amortized from its use unless you pay to keep it in good condition. And when you buy it, the building will only be about 25% of the total price. The rest is land value, an economic rent, capitalised.
So the number of slaves you own, or more practically, the proportion of the total stock of slavery you own, depends on how much rent you're collecting. The biggest constituency of slave owners by a very long way indeed are homeowners. 27 million in the UK. 100 million in the US. Similar proportions in all other nations. A clear democratic majority.
Let's say that 50% of the worlds population own slaves shall we, at least in prosperous nations? So all this propaganda about 1% owning 99% of the world is only for very stupid planet savers to spout. The vast majority of people are at it. And there's no particularly noticeable split politically.
So blaming wealth and power or a particular party or the left or the right is the act of stupid people.
I'm not saying becoming a slave owner by getting real estate is good or bad. I'm saying the only sure way to secure the future of your household, family and descendants is to get rent. Because this is the fundamental basis of every nations economic system.
And property owner induced slavery is all perfectly legal.
I Own Slaves. Join me, and protect your household from the state.
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