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Foxconned - Imaginary Jobs, Bulldozed Homes, and the Sacking of Local Government (Hardcover)
Loot Price: R717
Discovery Miles 7 170
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Foxconned - Imaginary Jobs, Bulldozed Homes, and the Sacking of Local Government (Hardcover)
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When Wisconsin governor Scott Walker stood shoulder-to-shoulder
with President Trump and Speaker of the House Paul Ryan at the
White House in July 2017, they painted a glorious picture of his
state's future. Foxconn, the enormous China-based electronics firm,
was promising to bring TV manufacturing back to the United States
with a $10 billion investment and 13,000 well-paying jobs. They
actually were making America great again, they crowed. Two years
later, the project was in shambles. Ten thousand construction
workers were supposed to have been building what Trump had promised
would be "the eighth wonder of the world." Instead, land had been
seized, homes had been destroyed, and hundreds of millions of
municipal dollars had been committed for just a few hundred
jobs-nowhere near enough for Foxconn to earn the incentives Walker
had shoveled at them. In Foxconned, journalist Lawrence Tabak
details the full story of this utter collapse, which was
disturbingly inevitable. As Tabak shows, everything about Foxconn
was a disaster. But worse, he reveals how the economic incentive
infrastructure across the country is broken, leading to waste,
cronyism, and the steady transfer of tax revenue to corporations.
Tabak details every kind of financial chicanery, from
eminent-domain abuse to good old-fashioned looting-all to benefit a
coterie of consultants, politicians, and contractors. With
compassion and care, he also reports the distressing stories of the
many individuals whose lives were upended by Foxconn. Powerful and
resonant, Foxconned is both the definitive autopsy of the Foxconn
fiasco and a dire warning to communities and states nationwide.
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