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Some 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.
Some 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.
Not as pressing in this case but elsewhere if you leave those arguments uncriticized it gives those you are arguing against more leverage in the form of things they can point out.
It's important we hold people to high standards
Some 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.
Some of these criticisms are just irrelevant personal abuse - like saying he doesn't think Neumann's t-shirt is fitted well.
Counterfeit 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.
Earlier quoted context omitted.
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.
Taking a jab at clothing generally is so low effort to be actually embarrassing and will invalidate anything else that you are trying to say. IMO.
Else it's low effort on the listener's part.
> 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!
In the case where he personally owns property leased out to a company that's going to be public: The public investors are cut out of all that rental income. And in the case of WeWork, their regular business isn't actually profitable. Which means this dual business structure would be designed to siphon public investment into Neumann's personal property, as WeWork is forced to continue paying it's leases to Neumann while it continues to just lose money.
"If you know Dimon’s actual reputation, him getting suckered isn’t surprising. From what I heard back in 2009, Dimon is a mediocrity who essentially got lucky his bank was too slow to get in on the subprime scam in 2006; he then used his bank’s incompetence at getting into the bubble as justification for how prudent he was." - Dimon is the most respected banker and he led JPM to become the largest bank in the western world. Well somehow that is mediocre.
"WeWork ostensibly became more valuable because Son said it was more valuable, and bought shares for higher prices. " - well isn't this how market pricing works.
And then whole blurb on Counterfeit Capitalism - which in essence described capitalism. The stronger player aims to get market share at the expense of a weaker player.
The author is just another one with a big mouth writing clickbait articles !
Earlier quoted context omitted.
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.
Making pointless jabs at somebody dilutes your argument and makes you look like a moron in the eyes of bystanders on the margins of deciding who's right.
Some of these criticisms are just irrelevant personal abuse - like saying he doesn't think Neumann's t-shirt is fitted well.