"That a trillion-dollar company run by the world’s richest man could run an American Idol auction on more than 230 cities & pick up a handy $3 billion of taxpayer money in the process, is a sad statement of extreme corporate power in our time.” https://www.newyorker.com/tech/annals-of-technology/the-new-york-hustle-of-amazons-second-headquarters …
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Corporate *power* doesn't seem the right phrase. They didn't compel the cities to do anything. The force at work was more the economic attractiveness of fast-growing companies, and the jobs and wealth they bring to a region.
Or probably more precisely, the jobs and wealth they bring to local construction unions...
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@justinkan, who sold his company to Amazon for $1B, disagrees with you.https://twitter.com/justinkan/status/1062596479599005696?s=21 … -
Maybe the analogous example here is a company that negotiated poorly for a lower acquisition price than it could’ve otherwise had. The fact that Amazon chose two of the most expensive and high tax cities in the US anyway suggests to me that NY didn’t have to give away the store.
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