Lmst

That's neat.
https://www.youtube.com/watch?v=JMIKLi1k3LI

#Scrollytelling: Geschichte digital erleben! ✨📚
Mit der neuen interaktiven #StorytellingWebsite zum Gedenkjahr an Jakob Fuggers 500. Todestag wird Augsburger Geschichte lebendig. 🏰📜

Beim Scrollen entfalten sich: 
🌀 fließende Animationen
 🗺️ interaktive Karten & 
👥 ein digitaler Stammbaum.

⏩ Mehr zum Projekt: https://www.visionbites.de/blog/interaktive-storytelling-website-500-jahre-jakob-fugger

#jakobwho #fuggerei #webdesign #storytelling #uxdesign #digitalstory

✨ Die Fuggerei wirkt wie ein Relikt aus einer besseren Vergangenheit.
🔎 #Fuggerei #Wohnen #Augsburg #Journalismus
🔗 https://ohwhat.de/fuggerei-augsburg-sozialsiedlung

Bold colours for a humble and unique housing complex – welcome to this week's #Doorsday!

This #door is one of the entrances of the #Fuggerei in #Augsburg. It is a walled public housing complex with 67 houses (containing 140 apartments in total) that was founded by Jakob Fugger the Rich in 1516 as a place for needy citizens. You need to be a citizen of Augsburg, of the Catholic faith, and have become indigent without debt in order to qualify for one of the Fuggerei housing units. If you tick all the boxes, you still pay only 1 Rhenish gulden rent per month (equivalent to €0.88) like in the good old times. Well, plus utilities (around €85/month in 2013), and you have to make three prayers a day for the current owners. The gates are locked at night and the 150 residents have to pay the watchman a small fee if they return later than 10pm.
The Fuggerei was destroyed twice (Thirty Year's War + WWII), but always restored. Today, you can visit the complex and its museum, the entrance fee goes towards the upkeep. A charitable trust, established by the wealthy founder in 1520, supports the project and is carefully managed by the #Fugger family to this day.

#historicBuilding #oldBuilding #architecture #Architektur #doorPhotography #dailyDoor #doorsOfMastodon #doors #Tür #Türen #Tor #gate #AdoorableThursday

A large, arched wooden gate featuring diagonal stripes of blue and yellow. A smaller pedestrian door is set into the lower right of the gate, also striped and framed in black. The gate is set into a yellow-ochre wall, with a grey paved ground in front.

#Augsburg Fotos II: Luxus Zimtschneckenladen, das Volk steht auf gegen #Merz, Kirche #StMarkus in der #Fuggerei, #Fugger himself.

#canonphotography #CanonM6II #sigma50mm

@Dianora There are a few other economic concepts which are IMO key to developing any remedies and/or alternatives. I'll try to touch on the major ones here.

Wage/Rent pricing, mentioned above, is a key stumbling point. Smith:

A man must always live by his work, and his wages must at least be sufficient to maintain him. They must even upon most occasions be somewhat more, otherwise it would be impossible for him to bring up a family, and the race of such workmen could not last beyond the first generation.

https://en.wikisource.org/wiki/Page%3AThe_wealth_of_nations%2C_volume_1.djvu/135

The Law of Rent and Iron Law of Wages (https://en.wikipedia.org/wiki/Law_of_rent https://en.wikipedia.org/wiki/Iron_law_of_wages) dictate that these dynamics are always in conflict and play, and crush the working class, most especially those who live by wage labour (or worse: piecework pay, see Smith's discussion of this for an eye-opener), and rent rather than own their domeciles. Both concepts date to the 18th / early 19th centuries, but are largely ignored in contemporary orthodoxy.

The "obvious" solutions, of, say, providing free/subsidised essentials to the working class or of critical goods and services (food, clothing, housing, education, healthcare) largely further exacerbate the existing perverse market dynamics. I am not saying DON'T help those in dire need. What I am saying is that if this is the sole and widespread remedy, that the underlying problems get worse: wages fall (because "welfare" benefits subsidise its costs rather than employers paying a living wage), education, housing, healthcare and other services get more expensive (because subsidies provide additional revenues).

Winston Churchill (another unlikely champion) noted this in 1906:

Some years ago in London there was a toll bar on a bridge across the Thames, and all the working people who lived on the south side of the river had to pay a daily toll of one penny for going and returning from their work. The spectacle of these poor people thus mulcted of so large a proportion of their earnings offended the public conscience, and agitation was set on foot, municipal authorities were roused, and at the cost of the taxpayers, the bridge was freed and the toll removed. All those people who used the bridge were saved sixpence a week, but within a very short time rents on the south side of the river were found to have risen about sixpence a week, or the amount of the toll which had been remitted!

https://www.landvaluetax.org/history/winston-churchill-said-it-all-better-then-we-can

Instead, a dual strategy of taxing rents (generally: providers of the goods/services above or those acting similarly economically), and providing for increased labour bargaining power though an improved best alternative to negotiated agreement (BATNA) and coordinated negotiation power (a/k/a Labour Unionisation) is necessary. Both of course run into the Wealth is Power and Logic of Collective Action (Mancur Olson, 1965: https://en.wikipedia.org/wiki/The_Logic_of_Collective_Action) problems.

Direct subsidies / contributions as emergency measures directed at dire immediate circumstances are ABSOLUTELY of value. **But they should result in direction to directly addressing the rents/wages dichotomy.

A business which cannot pay a living wage and survive economically is a charity conducted to the benefit of its owner at the cost of its workers, or is provisioning public goods which should see a subsidy in their provision through tax revenues and transfer payments. Below-subsistence wages and labour supports only exacerbate the underlying problem.

Private ownership of real estate is a surprisingly recent development, displacing earlier feudal or monarchical rents (often very long-term leases) largely in the late 19th century. Among the few explorations of this history I've found is Simon Winchester's Land (https://en.wikipedia.org/wiki/Land_(book)). And of course there's Henry George's Progress and Poverty (https://en.wikisource.org/wiki/Progress_and_Poverty_(George,_D._Appleton_%26_Company,_fifth_edition)), championing the Land Value Tax (along with: Adam Smith, David Ricardo, and Milton Friedman (!!!), to name just a few. Social housing has its failures, but also successes, including the Fuggerei (Augsburg, Germany, created by the Fugger family in 1516 and continuing to serve to this day: https://en.wikipedia.org/wiki/Fuggerei), Vienna, and Japan (through both market and government actions, in part through some idiosyncratic practices).

Housing cannot be both affordable and an investment asset. And of the two, the first function is primal.

Incidentally, I suspect that a large part of the US growth in homelessness may be directly attributable to going off the gold standard, itself a response to the country's peak-oil moment and reliance on foreign energy imports, driving banks and financial institutions to find an alternate asset class: https://news.ycombinator.com/item?id=21304603.

Next are some more obscure economic principles, somewhat addressed in the mainstream, but highly underappreciated ...

#economics #orthodoxEconomics #critique #wages #rents #LawOfRent #IronLawOfWages #MancurOlson #UBI #unions #LogicOfCollectiveAction #RealEstate #homelessness #OilCrisis #PeakOil #Fuggerei #ProgressAndPoverty #HenryGeorge #DavidRicardo #SimonWinchester #AffordableHousing #AssetHousing #BusinessAsCharity #tootstorm

Fuggerei: the world's first public housing
https://www.karlsnotes.com/fuggerei-the-worlds-first-public-housing/
https://news.ycombinator.com/item?id=40809069
https://en.wikipedia.org/wiki/Fuggerei

* existent: oldest public housing project in the world

#history #housing #PublicHousing #Fuggerei #coop #Germany

Die #Fuggerei in #Augsburg ist die älteste, sich kontinuierlich in Benutzung befindliche #Sozialsiedlung der Welt.

https://www.stadtschreiberinnen.der-leiermann.com/die-fuggerei/

@black_intellect

Excellent

The concept of #SocialHousing was invented by the exemplary #German merchant, #JakobFugger, back in 1521, when he donated the #Fuggerei.

Still in existence, it is the oldest in the world. Delegations from around the globe have been visiting it to learn how it has been managed.

https://www.fugger.de/en/fuggerei

Auf dem Weg nach Augsburg in die #Fuggerei . Der Archivar des Fuggerarchivs wird heute verabschiedet, eine Ära geht zu Ende. Schnüff.

♲ @CanselK@twitter.com:

Die älteste #Sozialsiedlung der Welt: die #Fuggerei in #Augsburg. Was vor 500 #Jahren möglich war, ist es auch heute. Wir können günstigen und guten Wohnraum schaffen. Denn immer mehr Menschen leiden unter der Wohnpreisexplosion. @baukultur_ @BMWSB_Bund #fuggereinext500

Die #Fuggerei feiert Geburtstag und Herr #Söder sieht gar eine Zukunftsmodell für Deutschland.

Übrigens der Markus Söder, der die #GBW mit 33.000 Wohnungen verscherbelt hat.

Er versprach 2018, dass die Gesellschaft #Bayernheim 10.000 Wohnungen schaffen solle. 770 hat sie.

/CS
---
RT @BR24
EU-Kommissionspräsidentin @vonderleyen nannte die #Fuggerei in #Augsburg eine "großartige Erfolgsgeschichte", die fortgeschrieben werden müsse. 👇
https:/…
https://twitter.com/BR24/status/1522977072406319109

EU-Kommissionspräsidentin Ursula von der Leyen steht unter anderem mit Bayerns Ministerpräsident Markus Söder in einem Pavillon in Augsburg.

#EUTerminvorschau:
SA: @vonderleyen in #Augsburg zu 500 Jahre #Fuggerei 🇩🇪
SA: Fest für die Solidarität in #Guben-Gubin 🇺🇦🎡
SA: #Europatag 2022 auf dem Markt und im Alten Rathaus in #Bonn 🇪🇺
SO: #EuropaRad – Workshops & Mitmach-Aktionen in #München 🎡