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I think with NYC it is the mismanaged part more so than underfunded. Limiting cities (and people) by having them live within their means forces better managemen

I think with NYC it is the mismanaged part more so than underfunded. Limiting cities (and people) by having them live within their means forces better management. When that doesn’t work I feel the solution isn’t to pump more money in but rather to seek out alternatives. The market does that automatically - people will choose to live elsewhere to avoid ever higher local and state taxes, or to avoid an inadequate subway system. The country addresses the problem by decentralizing away from NYC, in your example. Of course in reality it doesn’t quite play out in a perfect idealistic way. The alternative is that the nation pump money in but also control NYC. Shenzhen may be a partially planned city but it isn’t also independent in the way American cities are.

TomSwirly 5y ago
> Limiting cities (and people) by having them live within their means forces better management. New York State takes New York City's state taxes and gives a lot of them to a tiny number of upstate voters. The US government takes New York City's federal taxes and gives a lot of them to do-nothing Republican states. If New York City were allowed to keep all the state taxes it pays, it would not just "live within its means", it would run a huge surplus. > the market Here we are in 2021. "The market" is literally destroying our biosphere, and this only keeps accelerating. Surely no adult believes in the "Invisible Hand" by now?