Posts Tagged ‘Socialism’

We’ve Seen This Movie Before

June 24, 2022

            The nation’s news blockbuster this summer is God, Guns and Babies: God with the US Supreme Court ruling in favor of religious schools with equity of state public funding, Guns with the recent SCOTUS overturning of New York’s centuries old gun licensing regulation, and Babies with the Supreme’s latest hit single covering Roe. Is the reader beginning to detect a theme here? In Licking County Ohio the news has been pretty much a monogamous relation with Intel. Now Intel has floated the Idea of a possible split if they don’t get all of the expected dowry (kinda like old Elon Musk). Within the same week we get word that New Albany has agreed to a 30 year, 100% tax abatement for their suitor, Intel. Meanwhile, Intel has let slip that it won’t formally dive in without passage of the Chip legislation which has been languishing in congress. That legislation is to provide billions of dollars in federal subsidies to domestic micro chip manufacturers. No need to reference Fox Con’s Wisconsin debacle, heralded with much fanfare during the Trump administration (also another debacle, of a more sinister kind), and likewise on an enormous scale of jobs promised, economic redemption – Not! (but paling in comparison with Intel’s over the moon swooning) Licking County residents can’t tell if the current iteration of news they are forced to watch is a remake or rerun (does it matter?). They’ve seen it so many times before with the public private partnership deals made by JobsOhio, Grow Licking County, Newark Development Partners, as well as all the “just private” commitments to develop, only if the funding is provided by the state, county or municipality; usually in the form of tax credits (historic are the preferred genre), abatement or infrastructure subsidy, etc. They include, but are not limited to, things such as the Arcade, Central elementary apartments, “affordable housing” behind the north side Walmart (Not!), west and north Newark single family residential development, etc. All this involves community resources (public funding) used for the profits of private individuals (in archive news the Supremes designated corporations as individuals). It has all the earmarks of the “socialism” condemned by the right wing, free market fear machine. Only, because it is destined for Capitalist entrepreneurs, it can’t possibly be state sponsored socialism; more like state sponsored Capitalism which in the case of “Communist” China is considered negatively (how far off was Orwell?). The movie ends, as we all know, with the Intel tail wagging the Licking County dog.