Ordos, China: The World’s Largest Ghost City (2014)
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Ordos, China: The World’s Largest Ghost City (2014)
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Re: Ordos, China: The World’s Largest Ghost City (2014)
#2Inner Mongolia is a region in China.
Re: Ordos, China: The World’s Largest Ghost City (2014)
#3i don't understand the fascination with these ghost cities. they're just giant failed businesses.
imagine if they built vegas and nobody came. that's it, in a nutshell. it's not that weird.
Re: Ordos, China: The World’s Largest Ghost City (2014)
#4i don't understand the fascination with these ghost cities. they're just giant failed businesses. imagine if they built vegas and nobody came. that's it, in a nutshell. it's not that weird.
Looks pretty weird to me
Re: Ordos, China: The World’s Largest Ghost City (2014)
#5i don't understand the fascination with these ghost cities. they're just giant failed businesses. imagine if they built vegas and nobody came. that's it, in a nutshell. it's not that weird.
Looks pretty weird to me
there are abandoned buildings/construction and complexes in almost every developing country i've ever been to. china just does it on a bigger scale.
Re: Ordos, China: The World’s Largest Ghost City (2014)
#6i don't understand the fascination with these ghost cities. they're just giant failed businesses. imagine if they built vegas and nobody came. that's it, in a nutshell. it's not that weird.
It seems super weird to me. There are not many places on earth where cities capable of holding millions are built by decree. Even fewer where they are built and then no one moves in.
There are good reasons why this happens in China, but it's still super weird.
Re: Ordos, China: The World’s Largest Ghost City (2014)
#7Re: Ordos, China: The World’s Largest Ghost City (2014)
#8"The man led us through a courtyard, around the back of the school buildings, and suddenly there it was: the yard opened up into a wide, grassy playing field, flanked on one side by raised seating.
On the edge of the grass pitch – regularly mowed, yet never used – we were pointed towards a series of bronze statues. The figures showed children in traditional Chinese dress, frozen in play as the pink silk scarves tied about their necks flapped noisily in the wind.
'Fifty thousand Quai!' the man giggled, ecstatic, before explaining to us that the silk scarves were washed and replaced on a weekly basis."
Apparently thousands of buildings are being maintained, cleaned, even silk scarves on statues getting washed -- for nobody to see.
Who is paying the maintenance workers' wages? The local government?
Re: Ordos, China: The World’s Largest Ghost City (2014)
#9isn't all this just a matter of time?
https://www.bullionstar.com/blogs/koos-jansen/guest-post-5-c...
http://blogs.reuters.com/great-debate/2015/04/21/the-myth-of...
Re: Ordos, China: The World’s Largest Ghost City (2014)
#10i don't understand the fascination with these ghost cities. they're just giant failed businesses. imagine if they built vegas and nobody came. that's it, in a nutshell. it's not that weird.
I think they're fascinating from a Hayekian point of view, namely that small centralised groups of directors have only a fraction of the information necessary to direct large groups, compared to dispersed but dynamic information flows you get from market economies via the price signalling system. Which explains the vast misallocation of resources and overall malinvestment.
Funnily enough, the person to first advocate as little interventionism as possible for government was Chinese philosopher Laozi, who compared governing a nation to frying small fish for lunch: too much stirring and lunch is ruined.