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Silicon Valley elites revealed as buyers of $800m of land to build utopian city
(www.theguardian.com)
this post was submitted on 27 Aug 2023
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While I don't fully disagree with you, these towns being funded by the ultra-rich, usually by people who already have shady business practices, are looking awfully like company towns. Amazon's already trying to build company-provided housing near a lot of their hubs, which is bad in that now your healthcare AND your shelter are directly tied to your employment. Imagine if they get their way with building a whole micro-city that runs on that idea - where every last bit of wealth an employee might spend goes STRAIGHT back to your company. Their utilities get dealt with by Amazon-built power and water plants. Their food is provided by Amazon grocery stores or deliveries. Your healthcare is provided by Amazon, and your housing is at the whim of your employer. All of this is provided at jacked-up prices, of course, so you're effectively just a debt slave until you die or the company decides to kick you to the curb.
It's being built by an investment firm though, doesn't look to be company housing, just looks like an investment to me.