I'm not saying they're falling, but it is a downward slant. Some very powerful companies seem unable to do what they used to do.
Disney for example does not have the love and devotion it used to have. The state of Florida has not only revoked the special district granted to them for decades, but is also suing to reject the retheme of an attraction. The reason is the retheme is entirely based on SJW control of how the park should work. The ride was said to be racist because it had Brer Rabbit and other characters in it, so the retheme would be about Tiana from Princess and the Frog.
The big bold steps seem to be missteps instead. Disney has a themed hotel experience where visitors live the life of someone in the star wars universe. The price to get in is several thousand dollars. With the economy, and destruction of the IP very few are actually going to this experience. They have begun cancelling voyages because so few are attending.
Google is a big name. They have begun slowing end of the year bonuses. That's not a good sign for a company that is big enough to be considered a world power unto itself. Google tries to make it sound like they are using a business strategy, and even have a phrase for it, but the reality is people aren't getting their bonus.
Google fired 18000 people today. Disney got its exemptions back on their land.
Its all a fucking show.
Do you have a link to the Disney thing?
I don’t, and I may be wrong at this point. It appears its been back and forth, the law revoking its status was passed, but isn’t ratified until later this year. Disney is still trying to reverse the decision. I hope it holds.
By everything I have seen Disney will be a special district, but that district will follow all state and federal guidelines.
Most of these companies are going to survive because ultimately they are banking on being saved by ESG and sympathetic feminist governments. That's why they've been virtue signalling so hard. Traditional business actions like doing the right thing by your customers by producing a product they want is thrown out the window on the advice of their feminist marketing and HR leeches. Traditional business approaches are the artifact of patriarchal capitalist society which they are dedicated to smashing.
I am happy that they are failing but I am pretty sure they will not disappear. Government funding and regulation will ensure more woke companies take their place or they live to produce more woke crap another day.
I agree but I don't see this as the same thing. Corporations aren't people. At least, they shouldn't be treated the same. Legal fictions aside.
Corps only exist with the permission and protections of the government though. It's "private" investments as defined and regulated by fiat. It's not materially different than state funding, just a matter of degrees - especially when you add on their special district privileges. Of course LLC's are a different kind of charter with much less power or state protection. This is a fundamental point I must part ways with Republicrats on.
But ultimately I can't agree with the private land analogy because it's Disney and screw Disney. It's not Walt Disney's Company. Walt toiled with his sweat and tears to build the company and acquire that land under favorable terms. I believe if he was alive today he would despise what's been done with it and be ok with anybody taking them down a peg. I even think some of their investors might agree at this point.
Google was only ever going to be a short-term giant. This is the way of tech companies. It's entire business model was dated to the time and era of its rise. Despite their branching out, they are still an outmoded form of tech and hastened their own obsolescence with their woke bullshit and whoring out their search results. IBM is one of the few that has managed to survive this, but even they are slowly fading. Google has no such reliability or ingenuity.