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Re:Boeing and the Dark Age of American Manufacturing by zer00eyz on Saturday April 20, 2024 @05:10PM (#40101028)
Sears, at the top of its game, built a tower.

It isn't called Sears Tower any more.

In a moment of decline sears sold it. Because it was a liability, not to the company but to the stock price. Sears Tower was going to be bought at the bargain basement price of sears stock.

Hell all of the robber barons of the 80's (the gordon gekos) were doing the same thing. We're still doing it now with private equity. Only now there's nothing to sell so we're stacking debt on the companies.

You could have an anti capitalism rant here. It would not be productive. Stronger regulation, and different corporate structures are needed (See Mondragon). The latter is on everyone, myself included, CoOps aren't new in America. (See everything between the coast's that involves farming intersecting with CoOps.) We just need more of them in urban areas.

Re:Boeing and the Dark Age of American Manufacturing by cpursley on Saturday April 20, 2024 @06:49PM (#40101703)
I had a finance professor who once did a study that correlated the construction of new fancy new office building with a major decline in stock price. Hubris before the fall.
Re:Boeing and the Dark Age of American Manufacturing by cpursley on Saturday April 20, 2024 @06:50PM (#40101705)
Counterpoint: Apple
Re:Boeing and the Dark Age of American Manufacturing by Supermancho on Saturday April 20, 2024 @07:13PM (#40101824)
That's not a counterpoint. It's a data point in a statistical correlation.
Re:Boeing and the Dark Age of American Manufacturing by AlbertCory on Saturday April 20, 2024 @06:28PM (#40101581)
Actually, the test of a true Chicagoan is, "Do you still call it 'Sears Tower' even though that's not its official name?"

I don't live there anymore and even I know that.

Re:Boeing and the Dark Age of American Manufacturing by worik on Saturday April 20, 2024 @07:50PM (#40102039)
> You could have an anti capitalism rant here.

Yes

It is so obvious to anybody who looks at the diversity of human societies that mixed economies do much better than pure anything

The proportion of the best mix is a cultural question

Re:Boeing and the Dark Age of American Manufacturing by sparky_z on Sunday April 21, 2024 @12:43AM (#40103232)
I'm not sure exactly what point I'm making here, but I can't help but point out that Sears didn't build the tower themselves. They outsourced it.