Rent seeking and Corporate arbitrage

Humans are just spent batteries to extract the wealth of an area. Just a disposable battery in the drill bits of industry that mine or manufacture an area. This is Corporate Arbitrage manifest, where they extract value and hold onto property and mineral and other rights to be leveraged at an unforeseeable future date.

The moment that another rich area in resources or labor (which is a human resource), is found, the industries evaluate the move out. like Michigan’s Post NAFTA Automotive industries. This of course devastates the local economy, eliminating a vital job market and logistics trade, stranding many workers as if they’re cheap Dubai stranded laborers abandoned on an island.

You know, for Dubai being so rich, their actions and industry are very poor.

People took the corpo job to move to a city, and then the corpo left with the job as well, stranding these shmucks in the city of saturated employment seekers.

Many industries mine and export goods and minerals from the deep underground, and if there is no further exploitable resource, they abandon their operations and turn into a husk of a ghost town. After any corporation is done extracting the wealth, and run the cost-benefit that staying in a town isn’t worth the cost, then they pack up and leave. Usually not picking up their trash on the way out.

You can see this happen with many grocery super chain stores closing their doors after having snuffed out all the small competition of a mom n pop grocery store. They decided to leave due to various reasons from rise of theft to lack of sales or other complications. In business, if the juice is not worth the squeeze, then you leave. You weren’t betrayed by the superstore, you were never on their side. You have to be pretty stupid to think a corpo is going to represent your interests. In retrospect, you and your cohorts that supported the financial pilfering of your local economy are to blame.

Why. . . do you shop at Amazon too?

So when a corporation opens business to siphon the local economy, they act like mosquitos to capture the circulation of value and extract wealth. When it is no longer in their interest after having already extracted the wealth, they leave. Why have a store open if it costs more to keep it open then it generates? Unless there’s a strategic value that can be later leveraged, then it’s bottom line a price cut to can the operations and move towns.

If the Grocery stores are shitty enough, you might see State Ran Grocery Mega Markets soon. Call it something like Government Garden or some shit. Socialism and a ‘free’ ish market of goods on display competing with an official generic brand, it’s official because it’s the government making it.

There is a serious economical problem with payment processors and merchant guilds and other fees that extract wealth in these areas to give to some unearned royalty. But that requires people waking up to the idea that the juice is not worth the squeeze with this fintech industry and it’s fees. Totally different discussion, but worth noting.

I imagine there will be a hypothetical future, where the government or corporations will give money to people to spend on products to keep the whole economic charade going around. Like a game of hungry hungry hippo, we just throw more pellets and balls on the field. Print more money. UBI. Insert another idea here. And the cultists in charge of the federal reserve will wish they thought of it sooner and implemented sooner.

Most of us are already chasing dollar bills that are just printed out of thin air anyway.

In another relevant case

Sharecropping is what we’re doing with most of our work hours.

You see, in share cropping, you profit share some of the crops you raised and tended, you lived and worked on a farm rented out, working with tools and seeds that are rented out, and then you deduct some of the profits for your living expense and groceries and other bills and fees tacked on. Ultimately you end up with a fraction of what you’d originally make or were sold on in the contract.

You do the same thing nowadays, but the living expense is rent, and your groceries and other bills and fees are tacked on as well. And still, with people living paycheck to paycheck and paying half their month’s wages in rent, it appears that the majority of people are in shittier situations.

You working in any corpo job, look around you, any of that shit yours? Or is it borrowed on the company’s dime? Did you make any unique IP while on company time? Can you prove you didn’t? Sounds like it’s all the companies’ property now.

The only real difference is, the corporations are no longer fully liable for your ass off the clock, you get the freedom to live within commuting distance, and the corpos aren’t liable for your ass or during your commute or other issues.

Unless of course we do company towns or something of that nature.

Are we really living in a better timeline?

Is having people in society pay rent higher than the typical mortgage and also denied a mortgage the right thing to have in a society? Should people really need to verify their proof of income for lesser mortgage rates when they’ve been making more higher rent payments on time? Does that make sense?

Math ain’t mathing folks. And the paycheck isn’t outpacing inflation as it dries up like a shriveled raisin in the sun.

In Closing

Corpos are not your friends.

Share cropping isn’t the preferred labor style even if it’s the most readily apparent or widely used today. Honestly, I dislike Karl Marx and communism, but he has a point about the value of labor and the means of production. If you disagree, then go to the nearest plot of land that doesn’t have a ‘made in china’ label within five miles, outsourcing the means of production and labor was the ‘solution’ that Kapitalists made for avoiding labor reforms and acquiescing to demands.

I don’t have any solutions, I’m just pointing out things that are happening. I imagine any solution would also have it’s own fair share of problems. Ideally higher wages, working less, and less rent seeking, that would be great, if we could all collectively agree without relying on some sort of official contract or law, that would be cool too.

But of course, that’s a big ask for a hard sell. The current status quo is to Work-Retire-and-Die, but Retirement isn’t guaranteed.

*Not Valid Financial, Legal, Life, or Any Advice

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