WeWork and Counterfeit Capitalism
mattstoller.substack.com
WeWork and Counterfeit Capitalism
1–10 of 440 posts
Re: WeWork and Counterfeit Capitalism
#2I like the way this Matt Stoller writes words. RSS feed subscribed.
Re: WeWork and Counterfeit Capitalism
#3Some of these criticisms are just irrelevant personal abuse - like saying he doesn't think Neumann's t-shirt is fitted well.
Re: WeWork and Counterfeit Capitalism
#4> owns buildings personally he leases to WeWork
This part bugs me. This is standard procedure for small businesses, having a real-estate business leasing property to your main business. If you want to succeed, you own the building. Otherwise, you are on borrowed time.
Edit: alright, great points, thanks!
Re: WeWork and Counterfeit Capitalism
#5> owns buildings personally he leases to WeWork This part bugs me. This is standard procedure for small businesses, having a real-estate business leasing property to your main business. If you want to succeed, you own the building. Otherwise, you are on borrowed time. Edit: alright, great points, thanks!
But not owned by the CEO in conflict with every other shareholder
Re: WeWork and Counterfeit Capitalism
#6Counterfeit capitalism is a nice term. I think neoliberalism will be labeled as such by historians in the future. The collapse of Bretton Woods and the subsequent neoliberal laissez faire economics set off a chain reaction which led to the 2008 sub prime crisis and the current climate crisis. The world will eventually move away from that. Friedman was wrong. Society is not built on greed.
Re: WeWork and Counterfeit Capitalism
#7Some of these criticisms are just irrelevant personal abuse - like saying he doesn't think Neumann's t-shirt is fitted well.
Defending those of poor character and moral fiber (not my judgement, facts reported) from a jab about their clothes is low priority. The other issues presented are far more pressing.
Re: WeWork and Counterfeit Capitalism
#8[deleted]
Re: WeWork and Counterfeit Capitalism
#9> owns buildings personally he leases to WeWork This part bugs me. This is standard procedure for small businesses, having a real-estate business leasing property to your main business. If you want to succeed, you own the building. Otherwise, you are on borrowed time. Edit: alright, great points, thanks!
Small businesses aren't doing it to soak up investor money.
Re: WeWork and Counterfeit Capitalism
#10> owns buildings personally he leases to WeWork This part bugs me. This is standard procedure for small businesses, having a real-estate business leasing property to your main business. If you want to succeed, you own the building. Otherwise, you are on borrowed time. Edit: alright, great points, thanks!
Yes it is for small privately owned business with one primary stakeholder. Not giant Softbank funded behemoths.