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> Well yes, because the actual physical capital (machines, skilled labor, etc) is concentrated in cities Yes -- particularly with respect to skilled labor. An
by throwaway729 10y ago
> Well yes, because the actual physical capital (machines, skilled labor, etc) is concentrated in cities
Yes -- particularly with respect to skilled labor.
And that's largely a good thing for the working class. The alternative is local monopolies on the labor market. Highly skilled workers flock to areas where employers must compete with one another for a very good reason...
> Increasingly so, in fact, as the economy has become dominated by monopolies and oligopolies...
The urban population in the United States sky-rocketed over exactly the same period of time that Lynn and Longman romanticize.
Although I agree with a lot of their concrete policy proposals, I don't think that those policies would do anything to geographically decentralize economic activity.
- rplst8 10y agoYeah, centralization of the economy is great. So we all get to sit in traffic. Or walk and live in a closet sized apartment.
- eli_gottlieb 10y ago>Although I agree with a lot of their concrete policy proposals, I don't think that those policies would do anything to geographically decentralize economic activity. There's a difference between urban and megalopolis urban. Lots of jobs used to be in smaller, regional cities that had several employers available.