this post was submitted on 01 Apr 2024
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Does having an AirBNB setup make someone deserving of the guillotine or does that only apply to owners of multiple houses? What about apartments?

Please explain your reasoning as well.

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[โ€“] Cowbee@lemmy.ml 2 points 7 months ago (1 children)

No, there is no "value" being created by it. Value isn't a representation of "good" or "bad," but an expression of inputs and outputs, the inputs being labor and natural resources, and the outputs being Value itself.

The idea that someone can rent out housing and yet never lose ownership of the principle and thus perpetually gain money simply because they had more money in the beginning creates no new Value, and is thus rent-seeking.

[โ€“] luthis@lemmy.nz -1 points 7 months ago (1 children)

Pretty sure you could count not freezing to death, having a space to keep your things safe, health, stability etc as a value output.

[โ€“] Cowbee@lemmy.ml 2 points 7 months ago

Did you read my comment? Value is an output measured by inputs, ie labor and natural resources, not how "desirable" or "good" a concept is.

All of what you listed is absolutely a good thing, but isn't value. Value is used for commodities, not what is individually a good thing.