With the Wisconsin’s Foxconn deal still drawing skepticism, Amazon’s HQ2 plan for Long Island City canceled, a national conversation about corporate subsidies is underway—at a moment of broader reevaluation of our welfare state, climate policy, wealth distribution, and government accountability. Rules-based incentives for small and medium-sized enterprises are one thing; rubber-stamped agreements with trillion-dollar companies are another. Could the divergent paths of the Amazon and Foxconn projects mark an inflection point in the nation’s approach to economic development?
Source : Do Corporations Like Amazon and Foxconn Need Public Assistance?
