> Selling to the poor is not the same
> as stealing from them
My sentence was rather brief on the subject, I shall expand it a little;
My concerns are not particularly with selling items to them, but aspects such as;
Wages, being rather low.
Those on low wages for example end up either paying a high percentage of their income on unnecessarly high rents, or on a mortgage on a property whose value is artifically way higher than its actual build cost.
The rich have good control of the property market (At least in the UK where we sold off a large chunk of our government social housing.) and also the ability to drive the value of wages down. (Which after all, is mainly about exploiting the labour of someone else for your own benefit, so always in essence steals from someone below you.)
> need to study the subject of economics more
> in depth
I'm just a beginner I admit, and value the input here as there are few places where people are actually willing to talk about the subject in depth, so I am listening.
> Socialist Workers Party
I don't think I've actually read anything of theirs, I try and avoid listening to much political stuff so it doesn't colour my analysing of evidence and thinking, eg. I tend to base much of my thoughts on how I think the system works based on experience and listening to others experiences. (I have both very poor and very rich friends/associates who are very honest/open about what they do, so gives me at times I consider a view of society that many do not see. eg. how many landlords do you know admit to having raised the bulk of their wealth from drug dealing!)
> there is hope for you
I'm willing to listen and learn.
> Where private property is absent or limited
> the problem of externalities is worse
I'm interested to know more about how the lack of private property effects things, eg. if you had a town say where all the property was owned by the state and rented out very cheaply to people, how would that be a bad thing ?
> Your intellect and good sense and writing
> ability are sorely needed
Agreed, though I much prefer to the one2one of forum learning than just reading a one way book, books are so old fashioned