11:50pm

Sun July 28, 2013
Economy/Labor/Biz

Today on Your Call: What’s behind Detroit going bankrupt?

On today’s Your Call, we’ll have a conversation about Detroit's socio-economic woes and the future of the city. Detroit is the largest city in U.S. history to file for Chapter 9 bankruptcy.  How is Detroit going to deal with its 20 billion dollars debt crisis? Since 2010, thirty-six municipalities have filed for bankruptcy. Why are cities going bankrupt? What socioeconomic factors contributed to the city’s decline and what lessons should other cities learn from Detroit? It’s Your Call, with Rose Aguilar and you.

Guests:

Brent Snavely, business reporter at the Detroit Free Press

Thomas Sugrue, professor of History and Sociology, and Director of the Penn Social Science and Policy Forum at the University of Pennsylvania. He is the author of The Origins of the Urban Crisis: Race and Inequality in Postwar Detroit           

Jay Walljasper, senior Fellow at Project for Public Spaces. He is also a fellow at On The Commons and editor-at-large of Ode magazine and the author of  All That We Share: A Field Guide to the Commons

Web Resources:

 Detroit Free Press: GOP lawmakers push measures to prevent federal bailout for Detroit bankruptcy The Commons: Detroit City Limits 

Detroit Free Press: Detroit's bankruptcy plight makes cover of Time magazine

The New Yorker: The Rise and Fall of Detroit’s Middle Class

Vice: Detroit's Bankruptcy Highlights the Cruelty of American Capitalism

Huffington Post: The Surprise Behind Detroit's Emerging Comeback

 

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