“…“Strong, on-the-ground capabilities are integral to the global operations of most international businesses and are in large part driven by the personal and professional wellbeing of the individuals that companies place in those locations said Ilya Bonic, Senior Partner and President of Mercer’s Career business.” 13 These “on-the-ground capabilities” include health care, education, public services and transportation, housing, natural environment, that is, key elements of the urban foundational economy. The ranking features prominently on the website of the city of Vienna 14 and is used to sell the location to potential investors and “creative workers.” The capabilities underpinning these rankings were not created to improve “competitiveness” but to secure workers and later, middle-class citizens, against precarious conditions of work and living starting with the building and municipal acquisition of the “material foundational economy” (Froud et al, 2018a) in the later half of the 19th century, the development of social housing, recreational and health facilities during the period of “Red Vienna” between 1923 and 1934 (Kadi, 2015; Matznetter, 2002, 2019; Novy et al, 2001) and was further expanded as part of the Keynesian welfare state after WWII (Bärnthaler et al, 2020). As a result, the city of Vienna now owns 220,000 flats, 26.5 percent of all housing units in 2011.…”