I wonder what Detroit could have done to prevent the de-industrialization, given that the neoliberal turn to services was US government policy through several Republican and Democratic administrations, in support of the decisions of major US corporations. What you don’t point out, and what is most important, is that this is what was SUPPOSED to happen. That it also stripped many African Americans of the wealth they accumulated over a couple of generations is just, so far as the American elite is concerned, a “happy” accident.
Read the new book by Bob Lutz.
For three decades management and the UAW did everything possible to throw away market share, and did throw away about 45%.
Conservatives blame the UAW.
Liberals blame management.
Truth is, plenty of blame to go around.
I wonder what Detroit could have done to prevent the de-industrialization, given that the neoliberal turn to services was US government policy through several Republican and Democratic administrations, in support of the decisions of major US corporations. What you don’t point out, and what is most important, is that this is what was SUPPOSED to happen. That it also stripped many African Americans of the wealth they accumulated over a couple of generations is just, so far as the American elite is concerned, a “happy” accident.