Paul GrahamVerified account

The issue is the incentives. Nothing wrong with a company locating. Just the incentives and the gaming. I used power to capture how communities respond because it was big. Progressive mayors are the real culprits.

I wonder how many fast growing companies these cities could start, if they spent as much effort in the startups, and people, in their own backyard.

Exactly.

Though that doesn't explain the *concentration* - these incentives don't apply to "fast-growing companies" alike, only those with power

Apple is a trillion dollar company, why do we still have to pay "Apple tax" for their products? It's analgous to that Amazon criticism, but its absurdity is more apparent.

the ability to provide or withhold “economic attractiveness” is much of what people mean by corporate power, and is a legitimate source of public concern.