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This is business at truest and most raw form. Its easily one of my favourite parts of capitalism where you get as close to nature as you can in a civilised worl

This is business at truest and most raw form. Its easily one of my favourite parts of capitalism where you get as close to nature as you can in a civilised world. WeWork is walking an extremely tight rope with a very narrow window of time and not a lot of options. Things could go in many directions (merger, acquisition, bankruptcy, extension) and this is the last time the current management/shareholders will have any kind of say/leverage in what happens. Do you just expect them to do nothing and wait for inevitable implosion and the subsequent wipe out of shareholders, mass layoffs and probably either the end of the brand or a restructured version that will be a shell of its former self. Btw speaking of Elon, he was in a very similar spot this time last year. Mass exodus advertisers dropping already bad financials of a cliff with looming interest payments. > and in the end it's shareholders and tax payers who suffer This makes it look like a good vs bad situation when in reality its an already bad situation where you multiple stakeholders fighting for who loses the least.

lotsofpulp 3y ago
>This is business at truest and most raw form. Its easily one of my favourite parts of capitalism where you get as close to nature as you can in a civilised world. Considering it has a lot to do with how much money you have to throw at lawyers, and arbitrary things like how well staffed the courts are with judges, my characterization would be anything but “close to nature”.
- pc_edwin 3y ago
  Not yet, this is the part where they are trying to avoid that like hell. That said, even when/if (lol) they get there its still part of the capitalism just like how hiring a good salesman or marketer is part of capitalism.
- adhesive_wombat 3y ago
  Bigger, faster heavier animals with sharper teeth and better night vision eat you and you can't do much about it except hope that after you personally are gone that they predate the rest of your group so hard they go extinct before the rest of your group do. Sounds about right.
  - lotsofpulp 3y ago
    My perspective was all wrong!
otikik 3y ago
I was in the "close to nature is good" camp but then the other day I watched a video of a bear infested with intestinal nematodes (don't google it) and then I realized that perhaps staying somewhat away from nature might not be so bad.
- pc_edwin 3y ago
  I tend to agree with you, nature can be brutal but there are also fatal second and third order consequences for a society with no sharp/rough edges. In other words, a society without consequences leads to "too big to fail" banks and other systemic distortions. Those who invested billions into WeWork need to suffer the consequences and equally those who gave out leases to such institutions needs take their medicine too.

lotsofpulp 3y ago

>This is business at truest and most raw form. Its easily one of my favourite parts of capitalism where you get as close to nature as you can in a civilised world. Considering it has a lot to do with how much money you have to throw at lawyers, and arbitrary things like how well staffed the courts are with judges, my characterization would be anything but “close to nature”.

pc_edwin 3y ago
Not yet, this is the part where they are trying to avoid that like hell. That said, even when/if (lol) they get there its still part of the capitalism just like how hiring a good salesman or marketer is part of capitalism.
adhesive_wombat 3y ago
Bigger, faster heavier animals with sharper teeth and better night vision eat you and you can't do much about it except hope that after you personally are gone that they predate the rest of your group so hard they go extinct before the rest of your group do. Sounds about right.
- lotsofpulp 3y ago
  My perspective was all wrong!

otikik 3y ago

I was in the "close to nature is good" camp but then the other day I watched a video of a bear infested with intestinal nematodes (don't google it) and then I realized that perhaps staying somewhat away from nature might not be so bad.

pc_edwin 3y ago
I tend to agree with you, nature can be brutal but there are also fatal second and third order consequences for a society with no sharp/rough edges. In other words, a society without consequences leads to "too big to fail" banks and other systemic distortions. Those who invested billions into WeWork need to suffer the consequences and equally those who gave out leases to such institutions needs take their medicine too.