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Re:Was WeWork Ever Going to Work? by wpietri on Saturday October 05, 2019 @08:04PM (#21168835)
Yes, but the kinds of bad choices you get using different decision processes will be different. WeWork is a very capitalist boondoggle. It's not the kind of failure you'd see even in Mittelstand capitalism. Let alone Mondragon-style cooperatives, which could reasonably be called capitalist. And it's definitely not what you'd see in an ejido or a European-style commons.

American-style venture capitalism is almost unique in terms of the amount of resources a single person can allocate. I think only authoritarian regimes come close to letting one person decide to bet $12 billion on a poorly-considered vision.

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