The rental crisis in Dublin highlights the inherent dangers of capitalism

Soaring rents in Dublin are just another expression of the principle that underpins capitalism — the ownership of capital, or of a particular resource, puts you in a position to service, or exploit, those people who do not have the means to provide that resource for themselves.

The rental crisis in Dublin highlights the inherent dangers of capitalism

This equation is enshrined in our Constitution by the prominence given to property rights. It seems to me that there would be nothing wrong with this idea if capital did not regularly, and almost naturally, generate a momentum that rewards capital.

It also widens the gap between people who provide services and people dependent on those services.

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