Pete Saunders quoting #richardflorida 's New Urban Crisis. It's one explanation for my sense that #urbanism has entered a new, less optimistic, chapter.

"Just when it seemed that our cities were really turning a corner, when people and jobs were moving back to them, a host of new urban challenges—from rising inequality to increasingly unaffordable housing and more—started to come to the fore. Seemingly overnight, the much-hoped-for urban revival has turned into a new kind of urban crisis."

"In this new stage of capitalism — call it the knowledge economy [...] — #place itself has become the key social and economic organizing unit: where the #KnowledgeWorkers congregate, where the infrastructure of #capitalism is built [...] And this packing in of people [...] it is place itself that supplants, becomes the social and economic organizing unit of modern capitalism, analogous to the factory."
-#RichardFlorida

https://www.jacobinmag.com/2014/10/the-creativity-bubble/

#mastodon