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(Added painting- The Eviction- that shows the racism of landlords by depicting an African American family being evicted) Tag: Visual edit |
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[[File:Landlord trial poster.png|thumb| | [[File:Landlord trial poster.png|thumb|Poster depicting the public trial of a landlord following the [[Chinese Revolution]]]] | ||
'''Landlords''' are an exploiting class that owns housing and extracts wealth from the people who live there, who are called tenants. They are a relic of the landowning lords that existed under [[feudalism]] and required [[Peasantry|peasants]] to work | '''Landlords''' are an exploiting class that owns housing and extracts wealth from the people who live there, who are called tenants. They are a relic of the landowning lords that existed under [[feudalism]] and required [[Peasantry|peasants]] to work their land in order to live on their estates. Landlordism has been criticized by [[Marxism|Marxists]] as well as classical economists such as [[Adam Smith]].<ref>{{Citation|author=Adam Smith|year=1776|title=An Inquiry into the Nature and Causes of the Wealth of Nations|chapter=On the Component Parts of the Price of Commodities|chapter-url=https://www.marxists.org/reference/archive/smith-adam/works/wealth-of-nations/book01/ch06.htm|section=|page=44|quote=As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed, and demand a rent even for its natural produce.|mia=https://www.marxists.org/reference/archive/smith-adam/works/wealth-of-nations/index.htm|volume=1}}</ref> | ||
[[File:TheEviction.jpeg|alt=The Eviction (1946) is a painting that depicts an African-American family being evicted to demonstrate the racism that landlords rely on.|thumb|The Eviction (1946) displays the racial discrimination and white supremacy that the landlords in the United States rely on. ]] | |||
== By country == | == By country == | ||
=== Canada === | |||
In [[Canada]], 38% of tenants live under private landlords (mostly wealthy families that own multiple properties), 20% live under corporate landlords, and 8% live under financial landlords. In 2019, the average net worth of multi-property landlord families was $1.7 million, excluding mortgage debt, which the landlords force their tenants to pay.<ref>{{Web citation|author=Ricardo Tranjan|newspaper=[[Monthly Review]]|title=Debunking the myth of the ‘mom-and-pop’ landlord|date=2023-04-30|url=https://mronline.org/2023/05/06/debunking-the-myth-of-the-mom-and-pop-landlord/}}</ref> | |||
=== China === | === China === | ||
Latest revision as of 00:16, 1 January 2024
Landlords are an exploiting class that owns housing and extracts wealth from the people who live there, who are called tenants. They are a relic of the landowning lords that existed under feudalism and required peasants to work their land in order to live on their estates. Landlordism has been criticized by Marxists as well as classical economists such as Adam Smith.[1]
By country[edit | edit source]
Canada[edit | edit source]
In Canada, 38% of tenants live under private landlords (mostly wealthy families that own multiple properties), 20% live under corporate landlords, and 8% live under financial landlords. In 2019, the average net worth of multi-property landlord families was $1.7 million, excluding mortgage debt, which the landlords force their tenants to pay.[2]
China[edit | edit source]
In China during the new democratic period, the landlords served the international imperialist bourgeoisie and were one of the most counterrevolutionary groups in society.[3]
See also[edit | edit source]
References[edit | edit source]
- ↑ “As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed, and demand a rent even for its natural produce.”
Adam Smith (1776). An Inquiry into the Nature and Causes of the Wealth of Nations, vol. 1: 'On the Component Parts of the Price of Commodities'. [MIA] - ↑ Ricardo Tranjan (2023-04-30). "Debunking the myth of the ‘mom-and-pop’ landlord" Monthly Review.
- ↑ Mao Zedong (1926). Analysis of the Classes in Chinese Society. [MIA]