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You're not wrong on the problems of distributed responsibility. But Detroit was destroyed by the looting of the American auto industry, which was offshored, ou

You're not wrong on the problems of distributed responsibility. But Detroit was destroyed by the looting of the American auto industry, which was offshored, outsourced, and automated in the pursuit of efficiencies by people who were well-suited, well-heeled, and not far-sighted. The automakers had been in decline by the 70's, but the manufacturing of automobiles in Detroit sustained that city, and when you remove the chief industry of a city, the results are predictable: the city declines.

simne 5y ago
Look, in business good CEO estimated as 80% of business value, or if say scientifically, value is depend much more on leadership and on quality of control, than on capital cost. Detroit before raise of automobile industry was little periphery town, very depressive place like all periphery, so no leadership, no control (in this case, sure mean local government), simply because there where empty place, nothing to control. In very short time appear automobile industry, which attract capital, but it is unfortunately typical, that business does not care about control, even more - in many cases business struggle against local government. So that's all history - money tsunami appear, and flooded city; local government was not appear, it can't appear so fast, without special measures (I studying community dynamics and local governments for more than 10 years, and I have not found any facts about special programs to raise level of Detroit local government; unfortunately I seen extremely anti-local government measures); this money flood disappear, left debts. And unfortunately that's typical history, poor cannot become reach just getting money, he should learn, change his mind.