Great article about Tastykake in Philadelphia magazine. (I’m a month late to the story. This blog is like six months late to being reanimated. Expect more - I’m done with school.) After recounting what seems to be a typical Philly tale of a political insider taking over a dying legacy business that’s not so much a business as it is a dumping ground for city money, the author muses on the consequences:
Tastykake is a creature of the business world it inhabits, a world where a weak private sector doesn’t typically lead the public sector, but rather depends on it for subsidies and aid.
“In Philadelphia, it’s very much who you know, and not how good your ideas are,” says Stephen Van Dyck, the former CEO of MariTrans Shipping. After 25 years in Philadelphia, Van Dyck grew so frustrated with the city’s business culture — and the stream of public funding he saw going to private enterprise in the form of cash for stadiums, Delaware River dredging and the effort to keep shipbuilding alive at the Navy Yard — that he relocated his firm from Market Street to Tampa in 1999.
It’s like we feel bad for those companies — ones with the right connections, at any rate — unfortunate enough to be headquartered here (Comcast excluded). They are so weak, so fragile, and there are so few of them that, even in dire financial times, virtually no objections were raised when Pizzi asked for a little public assistance. And it is, after all, Tastykake we’re talking about.
Philadelphia’s first integrated housing development, currently 50-something years old. Amazing homes, some designed by Louis Kahn (in whose old studio I am currently sitting). Woodsy vibe.
Saturday, January 15, 7 p.m.: Radere (record release) + Anduin (Richmond, VA) + DJ Andrew Joseph (Philly) $5 donation
Radere is Carl Ritger, a local musician working hard to make this city safe for the deepest, most all-encompassing journeys in sound. It was he (along with DJ Andrew Joseph,…
(Source: younglovescalendar)







