The 1970s economic crisis fundamentally changed urban development patterns

Evidence

The impact of economic crisis on the cities - dramatized by New York’s bankruptcy in 1974-5 - enforced a change in the character of urbanization. — Alex Callinicos, Against Postmodernism, 579

Categorization

  • XREF: connects to: Post-crisis cities compete to host centralized finance and command functions — Alex Callinicos, Against Postmodernism: A Marxist…, 580; The 1970s UK crisis fused economic, cultural and ethnic traumas into one ruptural conjuncture; The 1970s marked the transition from postwar social-democratic settlement to the neoliberal global conjuncture. — Stuart Hall, Essential Essays, Volume 2: Identity…, 1198 (+6 more)

Broader Connections