Online:
Visits:
Stories:
Profile image
By Of Two Minds (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Are Cities the Incubators of Decentralized Solutions?

Tuesday, March 14, 2017 0:45
% of readers think this story is Fact. Add your two cents.

(Before It's News)

Oftwominds.com‘s eclectic range of timely topics include finance, economy, stocks, housing, Asia, energy, long-term trends, social issues, urban planning, work/tradecraft, health/diet/fitness, sustainability, Les Paul guitars and The Great Transformation ahead: www.oftwominds.com/blog.html.

Those urban regions that pursue decentralized, networked, localized solutions will likely prosper as the adaptive advantages of these principles pay self-reinforcing dividends.
In yesterday’s entry, I suggested that rather than bemoan the inevitable failure of centralized “fixes,” let’s turn our efforts to the real solutions: decentralized, networked, localized. To commentators such as Richard Florida, decentralized, networked, localized describes cities.
He describes the transition from central states imposing solutions to cities being the incubators of solutions as The Most Disruptive Transformation in History: How the clustering of knowledge lays bare the need to devolve power from the nation-state to the city.
Florida has authored three books on the increasing concentration of the “creative class” and capital in urban zones–cities and their surrounding satellite cities, suburbs and exurbs: The Rise of the Creative Class and Who’s Your City?: How the Creative Economy Is Making Where to Live the Most Important Decision of Your Life.
Florida’s main thesis is straightforward: solutions are coming from city governments, institutions and enterprises, not central states. Since the world’s populace has rapidly urbanized, this transformation affects the majority of people in both the developed and developing worlds.
I’ve often written about the need to move from centralization to decentralization: centralized command-and-control mechanisms are optimized for the economy and society of the late 1940s – early 1960s, not the economy/society of today that is being creatively disrupted by the 4th Industrial Revolution (digital communications, software, automation, robotics, Internet).
Florida’s premise makes a great deal of common-sense, for the basic reason that different cities face different problems (or different versions of the same problem), and each regional mega-city is embedded in a different state and economy.
Cities also have different resources and dominant political cultures.
In effect, devolving political power to cities would enable a suite of local solutions rather than a single “fix” imposed by a topdown centralized authority.
This article illustrates the spectrum of cities (the categories are somewhat arbitrary, of course): The Megacity Economy: How Seven Types Of Global Cities Stack Up.
To understand why the city may be the ideal political-social-economic unit to manage successful adaptation, look at these three maps of the U.S. The first reflects the GDP generated within each county; the second shows real growth in GDP by region, and the third displays the wages of the so-called “creative class”–those with high-demand skillsets, education and experience.
The spikes reflect enormous concentrations of GDP. This concentrated creation of goods and services generates jobs and wealth, and that attracts capital and talent. These are self-reinforcing, as capital and talent drive wealth/value creation and thus GDP.
Unsurprisingly, there is significant overlap between regions with high GDP and strong GDP expansion. The engines of growth attract capital and talent.
Those urban regions that pursue decentralized, networked, localized solutions will prosper as the adaptive advantages of these principles pay self-reinforcing dividends.
Those urban regions that pursue the hierarchical, one “solution” fits all, high-cost bureaucratic model of central states will sink into the same cesspool of corruption, cronyism, sclerosis and failure to adapt that characterize central states.

If you found value in this content, please join me in seeking solutions by becoming a $1/month patron of my work via patreon.com.

Check out both of my new books, Inequality and the Collapse of Privilege ($3.95 Kindle, $8.95 print) and Why Our Status Quo Failed and Is Beyond Reform ($3.95 Kindle, $8.95 print). For more, please visit the OTM essentials website.

NOTE: Contributions/subscriptions are acknowledged in the order received. Your name and email remain confidential and will not be given to any other individual, company or agency.
Thank you, Robert F. ($50), for your superbly generous contribution to this site — I am greatly honored by your steadfast support and readership.
Thank you, Bob B. ($10), for yet another extremely generous contribution to this site — I am greatly honored by your steadfast support and readership.

Go to my main site at www.oftwominds.com/blog.html for the full posts and archives.



Source: http://charleshughsmith.blogspot.com/2017/03/are-cities-incubators-of-decentralized.html

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.