George Harris KC Star Reader Advisory Panel 2008
Hardly a day has gone by in the last several months without an alarm being sounded that the election could transform the nation into a socialist state...or without one more example that it has already been so transformed.
We don’t need to look beyond our own city limits to see proof of a transformation created by capitalists who likely would claim to fear a philosophy of “sharing the wealth.”
At Arrowhead Stadium yesterday, I saw the multimillion dollar renovation project being paid for by taxpayers for the primary benefit of a wealthy, privately owned business.
On the way to the stadium, I drove by the site of the proposed stadium for the Kansas City Wizards, another private business, albeit not so wealthy as the Chiefs.
On Thanksgiving night, I drove by the construction of the West End hotel project, supported by tax increment financing, an economic development tool designed to improve blighted areas but turned upside down to support projects in several tony parts of town.
Last Tuesday I drove through downtown and saw the gleaming H&R Block building and the Power and Light District, both of which were funded by TIF programs.
These “partnerships” between the city government and private business are not, as promised, enhancing sales and property tax revenues for the community but instead are draining the city treasury and reducing money available for critical services and infrastructure.
Sharing the wealth in America has turned into a reverse Robin Hood operation for the benefit of some of the wealthiest people in the nation. The $20 billion government “investment” in CitiGroup did not derail the banking conglomerate’s plan to buy naming rights for the new Mets stadium in New York for $400 million. A wealthy corporation getting government money and giving a piece of it back to benefit another wealthy corporation whose employees are mostly millionaires.
Yet Congress’s outrage seems directed primarily at a proposal to lend $25 billion to car companies so they can try to hold onto jobs that directly or indirectly employ millions of average Americans.
In its strictest definition, socialism is the government owning and controlling the nation’s means of production. But a stretched out definition includes any government program to use tax dollars taken from some for the benefit of others. The latter definition would include agricultural subsidies, historic building tax credits, hybrid car tax credits, and an almost endless list of other government tax rules.
But whenever government uses tax dollars for something other than basic government functions ( such as defense, road building, law enforcement) the economics of the market are distorted. No more true capitalism. Such distortion inevitably produces inefficiency, not wealth.
The greatest danger facing the nation today is the complete melding of corporate interests with government at the national and local level. President Eisenhour warned of the military industrial complex that profits from the nation’s military conflicts. Alan Greenspan declared the obvious that the country went to war in Iraq over oil.
Here in Kansas City we should not try to eliminate all economic development programs, any more than the federal government should eliminate use of its revenue to protect the vulnerable and to achieve fairness and justice for all citizens.
But we should not be blind to the hypocrisy of the sophistry of special interests that cry socialism regarding tax policies and programs that benefit the average person but define socialism for corporations as “economic development.”
Mayor Funkhouser may be quirky, but he appears to have tried to rein in some of the excesses of corporate giveaways that have placed Kansas City in a precarious economic condition. It remains to be seen whether he and the city council can manage the city out of the financial problems that are likely to get worse before they get better.









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Halfway there, George. The
Halfway there, George. The greatest opportunity facing the nation today is the recognition that simplistic, free-market OR pure-socialistic economies don't work. You need market where market works, government where government works, and the willingness to make the effort to candidly and objectively explore the correct strategies.
A good example, if I do say so myself. Remember the first smogmobiles? The early seventies sucked. GM, Ford, and Chrysler went moaning to Congress, We can't possibly put THOSE restrictions on THESE automobiles to meet your standards. You're going to ruin it for everybody.
Today, you can buy a Cadillac CTS-V, built in this country, for forty-five thousand bucks, that will transport four people in leather-lined comfort with the stereo going, at ONE HUNDRED NINETY MILES PER HOUR (don't believe me, Google it). It hits sixty in under four seconds. And the exhaust is so damn clean you can practically breathe it.
So, yeah, you can get the power of the market with the control of regulation; you just have to work at it a bit, and beware ideologues.
In case you hadn't noticed
In case you hadn't noticed the Power and Light district came up 12 million dollars short this year, 12 million they expect taxpayers to fund. In addition, the Power and Light district has driven many lunch places out of Downtown. The area they served is too far for someone with only an hour for lunch to walk the 10-12 blocks, wait too long for bad overpriced food, and then walk 10-12 blocks back.
Wow. Excellent piece.
Wow. Excellent piece.