In a pot over medium heat, cook the diced bacon until crisp. Remove the bacon and leave the fat in the pot.
Add onion and sauté until soft.
Husk corn and cut kernels from the cob. Scrape cobs with the back of the knife to 'milk' them.
Add paprika, stir to mix. Add potatoes and stock. Heat to a boil, cover and let cook for ~10 minutes. Add corn, cook until vegetables are tender (about an additional 10 minutes). Add cornstarch solution to thicken.
Turn off heat. Add salt and pepper to taste. Add cream.
Serve and garnish with bacon at the table (makes 3-4 servings).