2 ms·
The answer is almost always some kind of special local tax break. Companies go where they can get the best deal. In theory, capitalism is supposed to be a bunc
by lapcat 3y ago
The answer is almost always some kind of special local tax break. Companies go where they can get the best deal.
In theory, capitalism is supposed to be a bunch of companies competing against each other to attract consumers. In reality, it often turns out to be a bunch of local governments competing against each other to attract a few BigCos.
- Xorakios 3y agoBy definition in formal economic theory, capitalism is rewarding people for saving/investing instead of spending all their money. By definition in formal economic theory, the free market is a bunch of companies competing against each other. By definition in formal economic theory, fascism is government regulation of companies to promote political agendas. All of these definitions get skurvy, elided and re-purposed for propaganda, but when talking about economics, correct and accurate usage is often helpful. Still not clear how this is an appropriate topic for Hacker News for startups?