Oracle Moving HQ From Bay Area to Texas
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Why Cities Exist
Why Cities Exist Cities exist because they are the nodes of exchange and production of capital and knowledge. Cities must fulfill both functions to be viable today. If a city was all brain, with no body what can that city do to feed itself. For knowledge can be produced anywhere online but physical capital requires cities for at least its exchange, and transportation. But cities need more than brawn for brawn is not the source of value but the mind producing the capital goods needed for production. Table 1: Cities and their largest employer City Employer Houston Chevron Chicago Amazon Logistics Atlanta UPS New York City Citibank San Jose Google Let us list why various cities exist by looking at an exemplar large private employer outside of health care (see Table 1). Some Cities like Houston or San Jose have an engineering production exemplar employer, others have a logistics exemplar employer and others still have banks as their exemplar employer....
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