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15/ Stacked-for-innovation needs low-medium financial capital, high cultural capital, primarily sustained by *public* infrastructure
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16/ Public infrastructure/capital is inefficient in a narrow sense, and Davos ideologues obsessively focus on the inefficiency above all
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17/ But in a broader sense, what you get in return for capital inefficiency in a narrow sense is inclusive social-capital catalysis
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18/ It is no accident that under siege, one of the first instincts of "elitist" cities is to look for ways to become immigrant refuges
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19/ Coastal American cities have served as innovation-business centers in part because they offer refuge, ESPECIALLY to domestic immigrants
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20/ So Trumpism may be good for biz in Davos/DC profiteering/cronyism sense that is agnostic to trade wars. Those weeds thrive at all times
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21/ That kind of good-for-business drives the "bad" kinds of bubble-bust cycles of mercantilist extraction and exproporiation/capital flight
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22/ But if you want good-for-business in the innovation sense, preserve liberal, safe cities or you're dead, despite any short-term bumps
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23/ In short, all the mindless empty-suit types who are falling in line behind the "good for business" narrative are basically idiots
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24/ They have never seen "good for business" economy that is 100% profiteering 0% innovation. They don't know what they will lose.
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26/ Then get behind this bullshit narrative. If not, get real. No social liberalism, no innovation, the "business" you care about dying.
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