At the last minute, for Amazon to decide to not locate their much-anticipated HQ2 in New York because they were obviously not welcome there by the government and loudmouthed activists, is an example of how insane some situations have become between politicians and capitalists. If you look at the photos of the people who don’t want Amazon to locate there, you have to wonder, how in the world would it even impact them personally? In New York, the people trust the government to make the decisions for them, whether that’s about abortion or economics and finance. Both issues the government was never intended to be a tool to handle for the people it represents. And both times it failed. New York is a collectivist state and allows mob rule to employ a few people to make decisions on behalf of the entire state, much like a socialist state. Much like Venezuela, in fact. There are the people at the top that make the decisions and tell the people at the bottom what decisions they should be making, which is what enriches the people at the top. It’s a fascinating arrangement to watch from afar.
Who were the winners and losers here? Well, Take Amazon. They lost nothing. They’re still the biggest company on Earth. Take New York. They lost the chance for tens of thousands of high paying -high skilled jobs, billions in tax money, a spike in intellectual capital to move to the place, a flagship hub of commerce to be placed where cities lined up to have the very opportunity they threw away and more. It could have been the beginning of an East Coast Silicon Valley, for better or worse. When companies locate to cities like that they inevitably create opportunities that were never imagined and give back to the citizens in ways never asked. It draws attention and intellectual resources to the spot where they’re located. There’s a reason cities were lining up for years jockeying to be the place Amazon chose. And New York told them to get lost. Because of short-term political egos and power plays. Not for the benefit of the people of New York and any long term success.
I’m not sure how DeBlasio or anyone can begin to think New York is now better off than they would have been with Amazon locating their HQ2 there. Jeff Bezos knows a thing or two about business and planning for and funding the future. Much more than anyone in government does. And Bezos might not know as much as they do about how government works, but that may be just as well. No one seems to know how the government should work, and at the same time, everyone seems to know. Northern Virginia was the real winner here, and that will be felt down into North Carolina.