I agree with most of this except the lease is a sunk cost, making people come in based on a variable that won’t change is bad decision making, the discussion should be made independently of lease. I agree some managers think this way, it’s usually the ones who could benefit from remedial business finance classes.
Yes and no. It’s more like a trap that the company is trapped in. It’s the corporate equivalent of having to keep renting an apartment you don’t live in anymore and can’t sub-let. The sunk cost fallacy applies, but also it’s a case of “we’re stuck with this and we’re going to USE it even if it kills our wage slaves.”
The larger issue may be that companies occupying the buildings supports interests of the owning class, and so its influence is being applied accordingly to shape the larger social forces.
I agree with most of this except the lease is a sunk cost, making people come in based on a variable that won’t change is bad decision making, the discussion should be made independently of lease. I agree some managers think this way, it’s usually the ones who could benefit from remedial business finance classes.
Yes and no. It’s more like a trap that the company is trapped in. It’s the corporate equivalent of having to keep renting an apartment you don’t live in anymore and can’t sub-let. The sunk cost fallacy applies, but also it’s a case of “we’re stuck with this and we’re going to USE it even if it kills our wage slaves.”
The larger issue may be that companies occupying the buildings supports interests of the owning class, and so its influence is being applied accordingly to shape the larger social forces.