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Every city needs an area of town which is commercial, owned by the city, and heavily subsidized to promote social welfare, art, and commerce. For the people that don't want to participate in society on the terms of Capitalists. In such an area you can sell wares, food, whatever. And office space and retail space is available cheaply to anyone running a bona fide business.

Unemployment is quite a bit more expensive to governments than subsidizing retail and commercial space. Buying land when it's very cheap and holding on to it forever, as part of the city's bylaws. And perhaps doing sponsorships deals with big business in the city, to generate additional revenue to support the properties.



Local governments have been doing this for decades with outrageous subsidies for stadiums, resorts, sporting goods chains, Walmart, and the like. These corporations game competing towns for the best perks, with promises of jobs and tourism. Of course it's mostly nonsense and small local businesses are hurt the most. This is foolishness of the highest order.


I don't understand. How is this different?


Many farmer's markets in Eastern Europe are like this.




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