New York and DC Bribed Amazon for HQ2 — and Amazon will pay for it
A bribe is “something that serves to induce or influence”.
When Amazon amounted that it would split its new second headquarters between New York and Crystal City, VA, it also announced that it would receive over $2 billion in “subsidies” from both localities.
Sounds like something that might have induced or influenced Amazon.
So…a bribe.
Locating in New York and the DC area make sense for economic reasons: they are the two largest metro areas on the East Coast of the US which itself is the most highly populous area of the US.
But Amazon will have nothing but trouble from these sites for the foreseeable future all because they took the bribe, even though they didn’t have to.
What’s interesting is that management theorists like Peter Drucker have been making this point for more than 20 years.
Corporate strategy on bribes by local governments
In his famous, “Management Challenges for the 21st Century”, Peter Drucker describes the “New Certainties” of…
