Nothing embodies the attitude of capital to me more than what’s happening at Vail

There is no longer a sense that money is earned by providing value. It’s financial engineering and how can I degrade quality while charging the same price. 

Capital will squeeze both customers and labor as hard as they can. In this case, because the customers are rich, it’s turning into a whole thing now

What is going on at $MTN?  On the surface, this isn’t like a strike by millennial baristas.  These are highly skilled professionals who are extremely able skiers, trained in life saving emergency skills in difficult terrain and responsible for maintaining safe conditions and…

@DanielSLoeb1 Patrollers have a core of highly skilled career professional that lead them, and then there are many junior patrollers who are down fill who cycle in an out. Survival rates at mountains reflect this and are not shared publicly. The difference between getting someone critically…

NewtBurp

Nothing embodies the attitude of capital to me more than what’s happening at Vail

There is no longer a sense that money is earned by providing value. It’s financial engineering and how can I degrade quality while charging the same price. 

Capital will squeeze both customers and labor as hard as they can. In this case, because the customers are rich, it’s turning into a whole thing now 

https://x.com/NewtBurp/status/1875708739262804453

The Farcaster formerly known as Kchamp. Books, beats, bodybuilding, bright ideas and beautiful things.

katherinechampagne.com

in theory this is supposed to be balanced by antitrust and some other stuff. In practice.......

well, all I'll add is that the best part of the whole situation is the money used to finance this entire thing is almost entirely pensions and they're frequently used as live hostages whenever anything bad happens to ~PE

related, perhaps https://x.com/kaseyklimes/status/1875927241999204849

Very related. It’s depressing because it’s seemingly unstoppable