The implosion of cities

(image located at: http://www.theatlantic.com/magazine/archive/2008/03/the-next-slum/306653/?single_page=true ) In some of the past blog entries, I have discussed the decline of cities in the Rust Belts of both North America and Europe. Some of the entries were directly related to Detroit, the ‘poster child’ of the Rust Belt and its implications for other Industrial Era cities. The decline of these cities can be directly attributed to the globalizing economy and the restructuring of most developed nations. This has left behind vacant buildings and derelict vacant land. At the same time, there are examples of redevelopment of some of these areas into mixed used areas. The global economic crash of 2008, is a watershed. The economies of developed nations will not bounce back to the level that they were before. There are underlying socioeconomic changes that are also occurring that affect this situation. There is increasing numbe...