Private equity doesnโt fix companiesโit strips them. Debt loads transfer risk while assets fund fees. โEfficiencyโ often masks extraction, not renewal. Long-term resilience gets sacrificed for quick returns. Youโre left holding what they discarded.
Private equity doesnโt fix companiesโit strips them. Debt loads transfer risk while assets fund fees. โEfficiencyโ often masks extraction, not renewal. Long-term resilience gets sacrificed for quick returns. Youโre left holding what they discarded.
My wife and I went to couples therapy once and got banned for arguing with the therapist.
We weren't even having serious problems. My wife read an article that said "maintenance therapy" was good for marriages, like an oil change for your relationship.
I said sure.
The therapist's name was Dr. Linda. She had a soothing voice and a lot of plants.
She asked us to describe our communication styles.
My wife said, "I'm direct, He avoids conflict."
I said, "I don't avoid conflict. I just don't see the point in arguing about where to put the dish rack."
"That wasn't about the dish rack," my wife said.
"It was literally about the dish rack."
Dr. Linda raised a hand. "Let's pause. I'm hearing some tension around household tasks."
"There's no tension," I said. "The dish rack is fine."
"It's not fine," my wife said. "It blocks the window."
"It's been there for six years."
"And I've hated it for six years."
Dr. Linda said, "This is good. We're getting to the root."
We were not getting to the root. We were getting to the dish rack.
Things escalated.
My wife brought up the time I threw away her "good Tupperware."
I said it was cracked.
She said it was vintage.
I said you can't have vintage Tupperware.
She said I clearly don't understand value.
Dr. Linda tried to intervene. "Let's take a breath."
Neither of us took a breath.
We started tag teaming Dr. Linda.
She suggested we try "I feel" statements.
My wife said, "I feel like he doesn't listen."
I said, "I feel like she keeps score."
Dr. Linda said, "Let's not use this as a weapon."
I said, "I feel like this isn't helping."
Dr. Linda blinked.
My wife said, "I actually agree with My husband."
That was the first time we'd agreed in forty-five minutes.
Dr. Linda said, "Perhaps you're not ready for this process."
I said, "Or maybe the process isn't working."
My wife said, "That's what I was thinking."
We both looked at Dr. Linda.
She looked at us.
"I think," she said slowly, "we should end the session early."
We never went back.
On the drive home, my wife said, "That was actually fun."
I said, "Fighting with her?"
"No, Fighting with you, Against her."
I thought about it.
"We make a good team," I said.
"We do."
We moved the dish rack when we got home.
Not because we resolved anything.
Just because it felt like a win.
We've been married 30 years.
I think the secret is having a common enemy.
Even if it's a therapist.
We really moved from "The Information Age" to "The Subscription Age." You don't own your house, your car, your music, or your software. Youโre just a permanent guest in your own life, paying a billionaire for the privilege of existing.
AI wonโt liberate workersโit will entrench incumbents. Tasks cheapen while value flows to those hoarding data, distribution, and networks. Gatekeepers capture far more than users gain. Productivity wonโt be widely shared. Ownership, not innovation, decides winners
AI wonโt liberate workersโit will entrench incumbents. Tasks cheapen while value flows to those hoarding data, distribution, and networks. Gatekeepers capture far more than users gain. Productivity wonโt be widely shared. Ownership, not innovation, decides winners
Competition wonโt save you from high prices. Mature firms deliberately layer complexity to block price comparisons. Confusion protects rents far better than discounts ever could. Youโre paying for bewilderment, not value. Obfuscation is a quiet form of protectionism.
Competition wonโt save you from high prices. Mature firms deliberately layer complexity to block price comparisons. Confusion protects rents far better than discounts ever could. Youโre paying for bewilderment, not value. Obfuscation is a quiet form of protectionism.
Startups often fail not from bad ideas but from funding incentives rewarding scale before solid economics. Hypergrowth masks weak fundamentals. Capital postpones reality without altering it. Easy money delays feedback. Growth precedes profits.
Startups often fail not from bad ideas but from funding incentives rewarding scale before solid economics. Hypergrowth masks weak fundamentals. Capital postpones reality without altering it. Easy money delays feedback. Growth precedes profits.
Remote work showed management systems relied on visibility not output. Presence was a proxy for unmeasurable contribution. Distance forced real work from theater. Technology hit hierarchy more than effort. Measurement is the battleground.
Remote work showed management systems relied on visibility not output. Presence was a proxy for unmeasurable contribution. Distance forced real work from theater. Technology hit hierarchy more than effort. Measurement is the battleground.
Consumer debt gets called personal failure while serving as a business model. Companies embed financing to maximize lifetime revenue. Credit boosts demand now by drawing future income. Convenience hides deferred costs. Sale and loan merge.
Consumer debt gets called personal failure while serving as a business model. Companies embed financing to maximize lifetime revenue. Credit boosts demand now by drawing future income. Convenience hides deferred costs. Sale and loan merge.