During the Great Depression, when banks foreclosed on farms, neighbors often showed up at the auctions together.
They’d bid only a few cents, and return the land to the family that lost it. Sometimes a noose hung nearby as a warning to outsiders not to profit from someone else’s ruin.
It was rough, but it worked, communities protected each other when the system wouldn’t.
If a collapse like that happened today, do you think people would still stand together or has that kind of solidarity disappeared? Could it happen again?
The point was more that a community can enforce that “if they don’t get it, no one will”, which I think would put a lot of companies off from buying.
It wouldn’t help the first few people get their home back, but after a couple rounds, the big corps will see that they end up losing money when the buy properties that are sacked a short time later. If there’s one thing that will make a company change its behaviour, it’s making them lose money through that behaviour.
Again, MAD only works when the damage is equally devastating on both sides.