Monday, 27 November 2017

Why Amazon Won’t Save Your Struggling Town

When e-commerce giant Amazon announced that it would be searching for a location for a second headquarters—and bringing as many as 50,000 jobs and $5 billion in investment to a lucky city—it set off a stunning chain of events. The scene was not unlike that of the classic film It’s a Mad, Mad, Mad, Mad World, where a group of ordinary people lose all their moral sense as they race for a hidden fortune buried under a big “W.”
It’s the stuff of dreams for economic development agencies, so it’s not surprising that, according to Reuters, Amazon received 238 proposals from across the United States, Canada and Mexico. According to Amazon, they intend their second headquarters to be similar to their main offices in Seattle: around eight million square feet, 33 buildings, $25 billion in wages paid to employees and $43 million for the public-transportation system.

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