It may be unwise to dismiss this out of hand. Though it is batty and will result in the death of millions, if not billions, they really do seem serious.
“You will own nothing and you will be happy” is one of the pieces of propaganda. Everything that we need we will be able to rent. But if nobody owns anything, from whom shall we rent it? Oh, I see.
What the Bill Gates and Prince Charles of this world are discussing is the return to Lords and Serfs. Guess which camp you and I will be in.