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I think it is important to note that while it doesn't really matter in what city Amazon is located, it's metaphorical "move into Washington" in terms of politic
by mises 8y ago
I think it is important to note that while it doesn't really matter in what city Amazon is located, it's metaphorical "move into Washington" in terms of politics is the problem.
Crony capitalism is cancer. Why did we not realize that if we increase the power given to government, someone will abuse it? People have suspected it could be a malicious politician, but it has instead become corporatists that buy their competition out of business to secure monopolies and prevent competition. The more authority we cede, the more it can be abused.
I think the best possibility is to move more regulation to state and local governments and to relegate the feds to constitutionally specified powers. Local governments can be easier to buy, but it is my belief that such an impact would be offset by 1. the common man's greater control in how his local government is run (one vote in 100 one-hundred-thousand is much greater than one in three-hundred-million). It is also much harder to catch one-hundred small fish than one whale.
- conanbatt 8y agoYup, my intuition is along those lines as well. Are politicians going to block the massive money that comes along with this like they did in NY? And can you imagine the leverage you get with the big topics like breaking amazon up if it means all the DC officials and gov employees will lose this precious boon? AOC finally won the war on this one. Government just showed it was powerful enough to bend Amazon's will.