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Small-Scale Question Sunday for October 13, 2024

Do you have a dumb question that you're kind of embarrassed to ask in the main thread? Is there something you're just not sure about?

This is your opportunity to ask questions. No question too simple or too silly.

Culture war topics are accepted, and proposals for a better intro post are appreciated.

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This might be SLIGHTLY too big for small-scale Sunday, but I will give it a go:

What is the strongest argument against "you will own nothing and be happy" as a concept?" Ideally an argument that can be expressed in a few sentences of average complexity.

For instance, one argument might be that "people will not be able to build up wealth." However, I note that most of the property people own are depreciating assets. It actually might make sense for someone to not own a car and instead simply rent one on a weekly basis from a fleet of vehicles maintained by a larger company that are mostly standardized and will suit whatever their needs are at the time. Or a system like Citibike for cars. Or maybe later on, just call a robotaxi as needed.

This means they will not have to worry about the costs of repairs and maintenance, or insurance, or storage, and they can expect to get new models on a regular basis, thus it reduces a potential source of stress and unexpected costs to a simple monthly subscription. This seems like it would work well for a lot of people, and save them money in the long run!

And similar can apply to housing! If you live in a rented, pre-furnished apartment you are far more flexible if you want a change of scenery, to expand your living space, or need to move to a new city to pursue opportunities. Home ownership introduces lots of complexity and presents an illiquid asset even if it appreciates.

Same can apply to, say, smartphones, which upgrade so fast that 'owning' one almost doesn't make sense as it becomes outdated in < 1 year.

So extending some logic, I begin to see reasons why the average person might prefer to own nothing but a retirement account, and simply have a subscription service for most items they will use throughout their life.

What philosophical, economic, psychological, social, biological, political etc. etc. argument do you think most strongly refutes or rejects this as an ideal?


Taking a guess at the argument that will be the most common response, Rot-13'd:

Vg qvfpbhentrf snzvyl sbezngvba naq yrnqf gb n pvgvmrael gung vf vapncnoyr bs erfvfgvat nhgubevgl.

(Let us be clear, I'm not supporting owning nothing, but I do plan on trying to do a steelman or similar in the future)

What is the strongest argument against "you will own nothing and be happy" as a concept?" Ideally an argument that can be expressed in a few sentences of average complexity.

I love owning stuff and being self sufficient. I can play starcraft I and diablo 2 the way I like and as long as I want. I can play starcraft II and diablo 4 the way blizzard wants me to for as long as they allow me to. All for the same price.

If you live in a rented, pre-furnished apartment you are far more flexible if you want a change of scenery, to expand your living space, or need to move to a new city to pursue opportunities. Home ownership introduces lots of complexity and presents an illiquid asset even if it appreciates.

Here is the kicker. You can do the same with owning home. The rent of the place you own covers the rent of the place you want to live (roughly).

Same can apply to, say, smartphones, which upgrade so fast that 'owning' one almost doesn't make sense as it becomes outdated in < 1 year.

We are not in 2012 anymore. You can reasonably expect to extract 4-5 years of life from a top shelf phone and to use it for something for at least a decade. The iphone yearly refresh is just a welfare program to ensure that older men can get regular blowjobs from younger women.

But the whole this is that when you rent something you are free to do with it what the real owner allows you. So you are dependent. Every dependency is vulnerability and the less there are in your life the better you are.