On The Whole
On the whole, would you say one company doing a hostile take over of another company simply to liquidate its assets is a bad thing?
On the whole, would you say one company doing a hostile take over of another company simply to liquidate its assets is a bad thing?
October 12th, 2007 at 2:51 am
No, but I’d be sad if a company that was providing something that I liked got bought-out just so the new owners could sell the floormats.
But I’d also hope that I’d be smart enough to pick-up on the fact that company was in such dire straits, and would have already found an alternate supplier of whatver good/service was in jeopardy.
Many companies I’m actively rooting for their reckoning. Like, say, Ralph’s. And it’d be nice if the new owners roughed-up management before they put the shopping baskets up on Ebay.
October 12th, 2007 at 8:53 am
it depends on how it goes, and also who you are. If you are an employee of the company being taken over, and you like your job, you’ll probably think a hostile takeover to liquidate assets is a bad thing. However, if you are a shareholder in said company and the takover causes the value of your stock to jump, then you will probably think it’s a good thing.
October 12th, 2007 at 11:53 pm
I really only care about the empirical effects it has on real people… and I definitely don’t know enough about the economy to guess what those might be on average.
October 13th, 2007 at 10:37 am
That’s why we need to trust people who know about the intricacies of economics (or at least pretend to) to have the good sense to judge for us.
October 14th, 2007 at 11:03 pm
Dan and Darwin,
Neither of you feel qualified to talk about hostile takeover on the whole however you both feel qualified to talk about Middle East on the whole. What could possible by the difference? Me thinks it might have something to do with political correctness. Criticizing culture is not permitted. Which is to bad because some cultures are clearly better than others.
Speaking more generally,
One should note that I used the expression ‘on the whole’. I use this expression to mean a summary account. Therefore when some of you choose to analyze the concept into pieces you actually fail to answer my question. The expression ‘On the whole’ is asking you to take into consideration all those pieces and then give a summary judgment.
At the end of the day thats what these exercises are all about. Are you able to make a summary judgment about some thing? The closer the summary judgment gets at something we have been raised not to judge the harder it becomes for you to make that judgment.
October 15th, 2007 at 12:49 am
Wow Steve.
From the post where you say that I “feel qualified to talk about Middle East on the whole” :
“But when you say that western culture is better tahn middle-eastern culture, you’re not comparing two sets of concepts, you’re talking about real things in the real world, and you’re making blanket statements that collapses across millions of individuals and topics/ideas/events that you (and I) really know nothing about. ”
Please actually read my posts.
October 15th, 2007 at 5:54 am
It’s poor argumentation to put words in the mouths of other individuals when those words are the opposite of what they have been arguing.
October 15th, 2007 at 10:10 am
Thats a really good comment you left on another post. I made the poor assumption that the comment you left on this post was the comment you wanted me to read for this post. You know where you wrote this:
Since leaving comments on a post does not mean that is your response to that post I would appreciate it if you were more explicit in which comment is responding to which post. Sorry for making the stupid assumption that the comments you leave on a post is intended to be a response to that post. In fairness, since thats how almost every other comment works including the vast majority of your own comments you could see how I got confused. Have some integrity. Sheesh.
October 15th, 2007 at 3:29 pm
ok, i thought about this over the weekend, and I have come to the conclusion that it is a bad thing. It is a drain on the economy, taking the wealth of many and turning it into profit for a person or small group of persons. It is the dismantling of a business that contributes to the economy at large for the benefit of people who likely need money the least.
October 15th, 2007 at 8:54 pm
Ok, then please don’t assume that I “feel qualified to talk about Middle East on the whole” for no reason.