> The amounts of money circulating whilst some of us struggle to make rent ...

It may be expressed in terms of money, but these are assets and capital. You wouldn't find a fab a very comfortable or satisfying place to live.

The reason the numbers get so big is the gargantuan accumulated savings that are prepared to fund the similarly gargantuan ventures. The large numbers are supported by maintaining and sustaining the capitalized value by profitable investment and depreciation.

When you talk about rent, while it may be expressed in the same unit (money), the economic function played is very different. Here, it is consumption rather than saving/investment. If the dollar equivalent of all those assets went towards paying rent, while it would secure housing for some time, it would eventually become completely exhausted, and so too would housing security. Large pools of assets are simply not a way to get stable housing, it would only consume the large savings society has accumulated to be able to undergo those big ventures. It would be short-sighted and harm us in the future.

The cause and solution to rental instability is to be found in housing, building, and land policy that restricts the production of housing.

No, capitalism isn't a mistake, unregulated capitalism is a mistake. The solution is simple, don't let companies merge/acquire after a certain size. Capitalism works when there is a healthy competitive market. It doesn't work when there are 1-3 big companies all fixing prices.

> , is "man, capitalism is a mistake"

Man, we need a better term for this criticism.

The US right now is more harsh to live in than the US pre-Reagan, which was more harsh than many countries with a strong welfare state, but all of them are capitalistic.

China going capitalist ( while remaining authoritarian ) has helped lift 800 million out of desperate poverty.

I hope that India too can emulate this in my lifetime. I was born in Kerala and would love to see Indians live in a country that is as wealthy per capita ( PPP adjusted ) as Singapore or failing that even as wealthy as the USA.

Capitalism has it's problems. But you struggling with rent is entirely your self-inflicted problem...

Courtesy of TFA and capitalism:

"In 1985, if you were a reasonably affluent American, the best computer that you could afford was the IBM PC AT. The PC AT would cost you about $6,000—$19,400 in 2026 dollars—and thus represented about a quarter of the median American’s annual income; and it ran on an Intel 80286 processor, capable of something like 900,000 instructions per second. Today, if you find yourself in a market stall in Nairobi or Lagos, you’ll be able to find a cheap smartphone—like the Tecno Spark Go, manufactured by China’s Transsion—for somewhere between $30 and $120. That phone will run on a processor capable of billions of calculations per second."

> Nothing fair, or just, about this world we live in

We all make different choices, and so have different consequences.

For example, I squandered the proceeds of a business deal on a new car. If I'd bought MSFT instead, I could have bought 100 new cars.