in 2005 when Thomas Friedman was suggesting the world was flat, U of Toronto professor Richard Florida countered by saying, no, it's spiky. (an argument also put forward by John Raulston Saul in The Collapse of Globalism) In a new article in the Atlantic Monthly, Florida talks about How the Crash will Reshape America...
Every phase or epoch of capitalism has its own distinct geography,
or what economic geographers call the “spatial fix” for the era. The
physical character of the economy—the way land is used, the location of
homes and businesses, the physical infrastructure that ties everything
together—shapes consumption, production, and innovation. As the economy
grows and evolves, so too must the landscape.
To a surprising degree, the causes of this crash are geographic in
nature, and they point out a whole system of economic organization and
growth that has reached its limit. Positioning the economy to grow
strongly in the coming decades will require not just fiscal stimulus or
industrial reform; it will require a new kind of geography as well, a
new spatial fix for the next chapter of American economic history.
Florida, in the spirit of fellow Torontonian Jane Jacobs, goes on to suggest several possible scenarios -- the right spatial fix -- to emerge in North America, post this present crisis...
- The solution begins with the removal of homeownership from its long-privileged place at the center of the U.S. economy.
while homeownership has some social benefits—a higher level of civic
engagement is one—it is costly to the economy. The economist Andrew
Oswald has demonstrated that in both the United States and Europe,
those places with higher homeownership rates also suffer from higher
unemployment. Homeownership, Oswald found, is a more important
predictor of unemployment than rates of unionization or the generosity
of welfare benefits. Too often, it ties people to declining or blighted
locations, and forces them into work—if they can find it—that is a poor
match for their interests and abilities.
- we need to encourage growth in the regions and cities that are best
positioned to compete in the coming decades: the great mega-regions
that already power the economy, and the smaller, talent-attracting
innovation centers inside them
we need to make elite cities and key mega-regions more attractive and
affordable for all of America’s classes, not just the upper crust. High
housing costs in these cities and in the more convenient suburbs around
them, along with congested sprawl farther afield, have conspired to
drive lower-income Americans away from these places over the past 30
years. This is profoundly unhealthy for our society.
- we need to begin making smarter use of both our urban spaces and the
suburban rings that surround them—packing in more people, more
affordably, while at the same time improving their quality of life.
That means liberal zoning and building codes within cities to allow
more residential development, more mixed-use development in suburbs and
cities alike, the in-filling of suburban cores near rail links, new
investment in rail, and congestion pricing for travel on our roads. Not
everyone wants to live in city centers, and the suburbs are not about
to disappear. But we can do a much better job of connecting suburbs to
cities and to each other, and allowing regions to grow bigger and
denser without losing their velocity.
- we need to be clear that ultimately, we can’t stop the decline of some places, and that we would be foolish to try.
different eras favor different places, along with the industries and
lifestyles those places embody. Band-Aids and bailouts cannot change
that. Neither auto-company rescue packages nor policies designed to
artificially prop up housing prices will position the country for
renewed growth, at least not of the sustainable variety. We need to let
demand for the key products and lifestyles of the old order fall, and
begin building a new economy, based on a new geography.
lots of other good stuff in the article (although US focused of course)
interesting ideas for those of us who believe that the recovery of shalom involves recovering neighbourhood and relationships based on proximity
Index of well-being says things aren't that great
This week, the Canadian Index of Well-being was released. This is a measure with a depth of research that looks at 8 broad domains of Canadian life: living standards, community vitality, democratic engagement, education, healthy populations, environment, time use (the impact, say, of 24/7 commercial operations and the workplace leash of new technology), leisure and culture.
These areas are then stacked up against the GDP, which is the typical measure of how well an economy is functioning. The GDP notion is that as productivity increases so standard of living increases -- or at least that's what economists, capitalists and conservative politicians want us to believe. In fact, the report says that while the GDP increased by 31 per cent from 1994 to 2008, the Canadian Index of Wellbeing rose just 11 per cent.
The report says quality of life actually decreased over the period measured — in the environment, leisure and culture, and time use. In health, there have been only modest gains.
Roy Romanow, the chair of the CIW project board, says most Canadians are “running so fast, and basically standing still, that we do not have the opportunity to enjoy things that really matter in life.
“As individuals, we're switching more of our time away from family life, away from community involvement, arts, political activity. We're being affected in our health.”
He called the report a “major wake-up call” to governments at all levels that “we've got to rebalance our social and economic programs in order to give more meaning to individual lives.”
[read the Star report on this research here]
A 'major wake-up call' to governments?! I think this should also be a major wake-up call to Christians and Christian congregations...
In what ways are we re-orienting our lives to live more abundantly, and less frantically? When a government tells us to spend more to 'bolster' the economy, as a means of boosting a lagging GDP, when we already live under a burden of consumer debt, do we speak out prophetically against such policies? Should we not be urging our people to spend less, slow down, care for the distressed, and live more fully? This is the 'counter-cultural' life we see urged on us by the whole of Christian scripture, not least by Jesus himself.
October 21, 2011 in Current Affairs, Social justice commentary, urban issues | Permalink | Comments (1)