It is, as the Guardian stated bluntly, “the latest giveaway in a series of corporate welfare cheques cut for highly profitable tech companies and the largest to a foreign firm ever in the US.”
Meanwhile, Foxconn itself is currently slated to receive $4.1 billion in public subsidies from the state of Wisconsin and other local municipalities in exchange for building a factory in the southeastern portion of the state. “To receive the full $100 million from Foxconn,” reported the Milwaukee Journal Sentinel, “UW must raise another $100 million in private gifts over the next two years as part of a broader, $3.2 billion fundraising campaign dubbed All Ways Forward.” There are a few conditions-perhaps catches-to their generosity. Taiwanese electronics manufacturing giant Foxconn announced last week that it would be donating $100 million to the University of Wisconsin. Winners Take All: The Elite Charade of Changing the World by Anand Giridharadas, Knopf, 304 pages, Hardcover, August 2018, ISBN 9780451493248
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