3 ms·
The problem is that lots of wealth capital (both personal and corporate) is tied up in commercial real estate. It’s the reason everyone from Martha Stewart to M
by moshun 3y ago
The problem is that lots of wealth capital (both personal and corporate) is tied up in commercial real estate. It’s the reason everyone from Martha Stewart to Musk to hedge fund managers are screaming about how “unethical” remote work is. They literally can’t afford to have those buildings sit empty, so they will have to force the peons back into them by any means necessary.
- downrightmike 3y agoPeonage, also called debt slavery or debt servitude, is a system where an employer compels a worker to pay off a debt with work. Legally, peonage was outlawed by Congress in 1867.
- asdff 3y agoToday we just call it wage garnishment. We seem to often gain rights by just moving around the specific parties involve through the transitive property, rather than actually seeing significant change from the status quo.
- asdff 3y agoWe may know who some of the bulls are. But where are the bears? Are there any public figures who seem to clearly be hedged against the commercial real estate market and are making pro work from home statements?
- lost_tourist 3y agoI bet some of the Zoom corporate elites, although they want -their- employees to come in.