Raising the Rent on Student Loans

Consolidation of the capital raises the rent for consumers. Market participants pay a higher and higher price for participation until the rent reaches a crisis proportion.

Student debt has reached a gamma-risk dimension. The solution, rather than economic, naturally derives politically to retribute the accumulated value.

Students are going gamma, and in this new age of virtual reality, the radical element has gained a technological edge.

Despite being bonded to debt, what students are sure to buy with it is the technology that allows ideas to be freely radical. Instead of an Orwellian dystopia in which technology is used to keep us in bondage, technology emerging in the gamma dimension will pull the risk into a facile adversion of objective reality that will be reacted to as an unnatural perversion.

Consolidation of the marketplace, you see, requires market participants consolidate to occupy and manage the space that contains the quantum called "the risk" in order to buy shares in the space that contains the reward.

According to efficient-markets theory, the reason students are subordinate (debtors by occupation) is because they have willingly acquired too much debt, which prevents buying shares in the reward. Now that they have to pay the price (the rent) they're just whining about it like a bunch of brats that want something for nothing.

Wall Street's reaction to the Occupiers is, "get a job!" Ironically, however, in accordance with efficient-markets theory, reactionaries are using the supply of money added (de novo) to create jobs buying up so-called "peak oil" contracts (ex nihilo). By selling surplus supplies at shortage prices, so the theory goes, capital is gained to add the supply, which creates jobs.

The reason jobs are not being added, however, is because efficient-markets theory is nothing but a big fat fraud. It is racketeering--looting by occupation.

(Remember, surplussing value by reducing demand does not add supply. It is classic overproduction, which is deflationary...that means you are more likely to lose a job than get one.)

Efficient-markets theory (consolidated management of capital) suggests that there is a significant element of chance and self-determination toward the outcome. There is very little chance, however, that students either lack the capacity to act in their self-interest or are just unlucky enough to be caught in a deflationary phase of the business cycle.

According to efficient markets, students are completely responsible for the debt (the retributive value) accumulated because it has been legitimately determined in the marketplace. With market efficiency (by hook or, buyer beware, by crook), the value is thus non-retributive.

Consolidated management of capital, however, defeats a free-market legitimacy that is anything but non-retributive. Keeping capital in an economy-of scale proportion by supporting predatory enterprises like Bank of America who say its large scale keeps consumer costs down, there is always a new and innovative way to raise the rent the consumer must pay in order to participate.

Rather than consume the retributive value (the rent--the immediate, facile accountability) inherent to free-market economics (buying market share by innovatively reducing prices and increasing quality), capital is consolidated to efficiently manage markets in a deflationary, high-rent proportion (gaining market share at the highest possible price). The higher rent demands markets be "made" more efficient, and so by "making markets" more liquid (what the Fed derivatively does in collusion with big banks in dark markets, for example), we cultivate growth (expand the profit margin).

"Making markets" (manipulation that is otherwise illegal) avoids liquidity crises, which means the capital is too consolidated, and so we consolidate it even more to avoid the risk. While making the market more efficient is supposed to avoid it, consolidating it even more just causes the risk to be avoided--a declining rate of profit due to overproduction, or the rent to be paid, retributively valued in an accumulated proportion that maintaining a free market in priority would otherwise prevent.

Without consolidation, you see, the marketplace is disinflationary rather than deflationary, which demands firms add supply, and the labor value needed, to expand the marginal profit. Instead of consumer compliance on command, capital deconsolidates to comply with consumers on demand, causing economic expansion with full employment and low inflation...but, of course, this (the good life retributively valued on demand) is not what we have.

According to consolidated capitalism, not complying with the demands of efficiently managed markets, is self-retributive. Hence, the value (the price to be paid on command) can't be attributed to anyone or anything but your "self" (i.e., it is non-retributive). Instead of reducing the price and adding the value (the supply) to be retributed on demand, like in a free market, which maximizes participation by controlling the price (the rent) to be paid, if you aren't willing to pay the price on command, that's your business (and your fate) freely chosen.

Fate is nothing but the product of self-determination conforming to the naturally occurring conditions (the demands) of the marketplace. Students are subordinated to debt because they want to better themselves, and there is no better way to do that (and avoid "the risk"), capitalists say, than submit to the marketplace "on demand." (Value produced and consumed on demand is, in theory, non-retributive, but in practice the value always proves to be catastrophically retributive because this is really value efficiently managed "on command." Its accumulative, economy-of-scale dimension--its efficiency, understand, makes command an exigency of market demand, keeping the risk from going gamma.) What students gain in the form of critical, analytical skill to resist conformity is countered with the insurgency of debt. The more conforming you are, the more income you are likely to make to pay the debt, which effectively reduces your rent (increases your status into the top one percent).

(One-percenters, however, need to keep in mind that efficient-markets theory is a fraud perpetrated on 99.9 percent of us.)

Fate is indeed going to conform to the demands of the marketplace. Change we really need is likely to occur because students did not determine the economic situation they are in--peonage! Like 99 percent of us, students are apt to tempt a change of fate when freedom becomes "just another word for nothing left to lose."

Fully armed with the philosophy of freedom and self-determination, a population deprived is more apt than any to demand it, increasingly motivated to free the market of consolidated capital on demand.

Students have been turned into peons. They have come to realize, like the rest of us, that paying off large loans (the result of deficient income) reduces the demand necessary to drive the economy and demand jobs to pay the rent (the loans). This, you see, is not by chance, it is not a naturally occurring risk.

The path to peonage (what the Romney-Ryan budget calls "The Path to Prosperity") is by deliberate design. This is what consolidated capitalism (Bain Capital, for example) is and does--it makes peons out of most market participants and forces them to consolidate to retribute the value. (This is where the risk becomes transitionally phased into adversity and its direction--its management--gains impulsive, probablistic, quantum value that is fully assumed in priority. See the previous articles on economic rent.)

The consolidation required to retribute the value and control the risk is readily available through deconsolidated means--social media. Change is literally in the palm of your hand.

Perversion of the "self" by means of consolidation is easily reconciled with the virtual reality that we all know objectively exists by adverse possession (what it means to say, for example, "let's take the government back"). All we have to do is repossess it with our invisible hands, tweeting, copying, cutting and pasting a virtual reality into objective context.

Student unions (consolidation of the value) will begin vectoring the risk for its adverse possession, causing a phase transition (from bondage to freedom) that is only natural.