Cookies?
Library Header Image
LSE Research Online LSE Library Services

Unlike Detroit, Chicago’s diversified industrial base has helped it to successfully switch from a material to a knowledge economy

Sassen, Saskia (2013) Unlike Detroit, Chicago’s diversified industrial base has helped it to successfully switch from a material to a knowledge economy. LSE American Politics and Policy (USAPP) Blog (02 Sep 2013). Website.

[img]
Preview
PDF - Published Version
Available under License Creative Commons Attribution Non-commercial No Derivatives.

Download (169kB) | Preview

Abstract

In recent decades, some cities with a strong history of manufacturing have been able to make the switch to a strong knowledge economy, and thus have maintained a relative level of economic prosperity in the current economic climate. In the wake of the city of Detroit’s filing for bankruptcy, Saskia Sassen looks at how a city that was once economically very similar – Chicago – has made that successful transition. She argues that the gearing of Chicago’s agro-industrial economy, and its associated financial and legal support services, towards international markets have allowed it to succeed in its transition to a knowledge economy. Detroit, on the other hand, has been historically dominated by the automotive industry, and has not been able to redeploy its knowledge and practices in the same way.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/usappblog/
Additional Information: © 2013 LSE USAPP; Online
Divisions: Sociology
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HD Industries. Land use. Labor
J Political Science > JK Political institutions (United States)
J Political Science > JS Local government Municipal government
Sets: Departments > Sociology
Collections > LSE American Politics and Policy (USAPP) Blog
Date Deposited: 23 Jun 2014 13:49
Last Modified: 06 Jun 2020 23:19
URI: http://eprints.lse.ac.uk/id/eprint/57202

Actions (login required)

View Item View Item

Downloads

Downloads per month over past year

View more statistics