“I am certain that nothing has done so much to destroy the juridical safeguards of individual freedom as the striving after this mirage of social justice.” F.A. Hayak

This week Amazon announced that it was pulling out of its previous decision to build its 2nd North American headquarter in New York City. The plan was lauded by both the governor and mayor as it was to bring 25,000 jobs paying an average of $150,000 a year to the City. Since Amazon made that decision, there had been protestsfrom progressive politicians and groups although 70% of New Yorkers favored the plan.

In announcing their decision, Amazon said ” the commitment to build a new headquarters requires positive, collaborative relationships with state and local elected officials who will be supportive over the long term. ” Obviously that was not something the progressives were willing to provide. Talk about cutting off your nose to spite your face.

The socialist, Alexandria Ocasio -Cortez, hailed the decision as a victory for the people. She said that “Today was the day a group of dedicated, everyday New Yorkers and their neighbors defeated Amazon’s corporate greed, its worker exploitation and the power of the richest man in the world,”. Not to be outdone, fellow progressive Elizabeth Warren said ” one of the wealthiest companies on the planet – just walked away from billions in taxpayer bribes, all because some elected officials in New York aren’t sucking up to them enough. How long will we allow giant corporations to hold our democracy hostage? ” I’m sure that those who could have benefited from all those jobs are celebrating their victory over corporate greed.

The morale of the story is that capital is fluid. If it is not treated well in this city, state, country, etc. it will just go somewhere that is business friendly. What is really scary is that the socialists and progressives seem to be ascendant. F.A. Hayak wrote the The Road to Serfdom which describes the end result of socialism. It is imperative that these new socialists be resisted and defeated.



