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This only works if we the people let them. For example, I hear about the example of Kansas City — kcmo vs kcks — and I can't help but wonder, why do we allow co
by collabs 6mo ago
This only works if we the people let them. For example, I hear about the example of Kansas City — kcmo vs kcks — and I can't help but wonder, why do we allow companies to do this? It should be trivial for the people of Kansas and Missouri to come together and say we won't allow a race to the bottom.
- wat10000 6mo agoJohn Nash won a Nobel Prize for exploring that sort of question. It’s hard.
- KK7NIL 6mo ago> why do we allow companies to do this? It should be trivial for the people of Kansas and Missouri to come together and say we won't allow a race to the bottom. This is prisoner's dilemma 101. Or, less cynically, cities compete in a free market where they try to compete for a limited amount of capital investment; there's nothing wrong with a city offering more attractive terms to be more business friendly, if they so wish.
- mc32 6mo agoSome cities can offer perks like an educated workforce, educational institutions of renown, nice weather, etc. to compensate for a heavier tax burden but everyone and every company has a breaking point after which they decide to pull up stakes.