249/250. We Built This City on Authenticity (ft. David A. Banks)
This Machine Kills
00:00
The Sea Salt Factor in Capital
In 2013, Detroit declares bankruptcy. And then, oh gosh, what happens? Oh, the owner of a quicken or into it, right? Just like buys like a quarter of the downtown,. He's buying up the city at bargain basement prices. And now the sea salt will go back up again. This going up and down is a way that capitalists realize the profits because if things always went up in specific places, it would be harder and harder to find value.
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