• lime!@feddit.nu
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    1 day ago

    most speculation today isn’t on land though, it’s on value itself. like, trillion-dollar software companies use very little land compared to their value. elmos riches aren’t bound up in land, it’s all stocks.

    i feel like i’m missing a step.

    • mogranja@lemmy.world
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      1 day ago

      I see what you mean. But if I have my house on my land, and enough income to provide reasonably for me and my family, what do I care about their imaginary money games?

      • lime!@feddit.nu
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        1 day ago

        because as long as money is involved in your existence those games still decide whether your income is decent. the speculation economy decides the cost of wares and services, the worth of land and currency, and the political decisions that may change the way all those things develop in future.

        also, presumably, because you don’t want to see others suffer.