04-04-2019, 12:39 PM
(04-04-2019, 12:32 PM)Rainrider22 Wrote:(04-04-2019, 09:06 AM)danbrotherston Wrote: Are they? While we may not always like it I'm sure perimeter knows they can rent the whole space for much more money, and the only customers who will be losing out are the barbershops customers. This is probably good for perimeter.
While we may not like it, I certainly don't, it's important to remember that capitalism cares not for what's best for people, it only cares for maximizing value for shareholders...and this...often...aligns with benefit for people. In this case maybe not.
I will say, it's strange the barbershop didn't know in advance, either Perimeter is pulling a fast one (again, not necessarily contrary to profit seeking, just trashy), or they weren't really paying attention.
I am friends with two of the Barbers. They were blind sided. This is just perimeter making more money. This is one of the oldest and most historic barber shops in Canada history still means something to some people.
I don't disagree, I'm just saying I don't think Perimeter is "missing the boat", they're probably doing exactly what they should be to maximize profit. I think it's important to recognize that the cause isn't Perimeter acting against capitalism, it's that capitalism doesn't always work the way we want it.