The Housing Boom Replaced Social Democracy. Now We Have Neither | Novara Media

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The Housing Boom Replaced Social Democracy. Now We Have Neither | Novara Media

novaramedia.com

Swarming@sh.itjust.worksM to

Social Democracy@sh.itjust.worksEnglish · 1 year ago

Property owners need a reality check, writes Aaron Bastani. But it's easier to understand their anger over soaring mortgage rates when you consider what the housing boom replaced.

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There are a number of variants, but we can provisionally define it as a political ideology which prescribes the use of democratic collective action to extend the principles of freedom and equality valued by democrats in the political sphere to the organization of the economy and society, chiefly by opposing the inequality and oppression created by laissez-faire capitalism.

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