Giving Capitalists a Bad Name

Special invective to James Mosby, undoubtedly what Ayn Rand would call a moocher, for this outburst reprinted in a St. Louis Post-Dispatch Business story entitled “Companies can call the shots on office space“:

“It’s an unfair playing field,” said James Mosby, a vice president with the commercial real estate firm Colliers Turley Martin Tucker.

“There’s a lot more office space than there are tenants … I think it will swing back in the other direction in the future,” he said. “But whether it’s 12 months or 24 months, I just can’t say.”

Undoubtedly, Mr. Mosby and his firm desperately need corporate tax incentives and other handouts to continue constructing empty office buildings and parks. Still, Mosby plays to the Post-Dispatch‘s favorite type, that of the wealthy businessman or corporateman who only thinks it’s fair if he holds the scarce resource and can demand exorbitant sums for it, preferably from the poor, widows, and orphans.

However, allow me to speak for my small cadre of small-time capitalists without offices downtown and without commission seats, luxury boxes, or connections with the ruling families of our community–and by small cadre, I mean me–when I say, “Shut up and scratch your own back for crying out loud.”