alt Hacker NewsYeah, they call this "accumulation by dispossession" and it's been a mainstay of neoliberal economics since it's inception roughly ~50 years ago:
https://en.wikipedia.org/wiki/Accumulation_by_dispossession
Don't know why you're downvoted, that such possibilities are allowed in a completely made up system that can be changed at any time to better society, and not just ~10,000 people across the world, is a gross indictment of the current system.
All neoliberalism has done is made us more alienated, privatized the public commons, destroyed the environment, and hasten income inequality to levels that were worse than the gilded age.
If something doesn't change soon... we'll you can use your imagination to fill in the blanks.
That Thatcher example was brutal. I have an interest in social housing (Vienna, Singapore). The idea of selling it like that is insane to me, like if Taiwan sold TSMC for pennies on the dollar. And made it illegal to start another chipmaking company.