this post was submitted on 18 Sep 2023
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[–] AllonzeeLV@lemmy.world 13 points 1 year ago* (last edited 1 year ago) (1 children)

If the American owner class has taught Americans paying any attention the last century anything about how they operate, it's "Fuck the commons/planet/species/future, burn it all if it makes me a dollar slightly faster!"

Profit in this case being all the corporate park land they own. Propagating human misery at every step for nothing more than to run up their capital ego score, that doesn't even effect their living conditions at all.

Good thing they don't consider their victims, people without significant net worth, human.

[–] AnonTwo@kbin.social 6 points 1 year ago (3 children)

Does it even make them any money if someone is inside the building? It seems more like justifying a purchase that didn't pan out.

[–] baronvonj@lemmy.world 3 points 1 year ago

Your employer isn't earning money by having you in the office. But they are losing money on the lease or mortgage for the property if you're not in the office.

[–] eltimablo@kbin.social 2 points 1 year ago

No, but it makes the cities where those buildings reside a boatload of tax revenue. I wouldn't be surprised to find out that a lot of the "return to office" propaganda was coming from local governments freaking out about the abrupt downturn in tax income from commuters.

[–] idiomaddict@feddit.de 1 points 1 year ago* (last edited 1 year ago) (1 children)

Corporate real estate is over represented in investments, so the loss is through the stock market, not the company directly

Edit: I actually don’t know if that’s true, but it’s the theory

[–] Kichae@kbin.social 4 points 1 year ago

While a lot of people work for big companies that may have commercial real estate holdings or are invested in REITs or something, most companies pulling workers back are not. And, indeed, they're run by people that are choosing to pay for the privilege of lording their station over the hired help -- though not to the employees, and many of them not purposefully.

They're just taking productivity hits while swearing up and down that we're all lazy thieves who don't do a thing all day while not in the panopticon.