Richard Florida The Rise Of The Creative Class Summary

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Richard Florida emphasizes the importance of cities in a nation's economy prosperity as they are the centers for booming businesses, cultural achievement and economic growth. In his previous book titled, The Rise of the Creative Class, Florida argues that the key to urban success “was to attract and retain talent, not just to draw in companies” (Florida 2017, 3). He talks about how few superstar cities such as New York, San Francisco and London have become extremely successful in attracting the creative class, but have also become the epitome of global inequality due to its marginalization of the blue-collar workers over the creative class. He calls this class divide a ticking time bomb which can go on to cause grave problems for the service …show more content…

The new problems created by the urbanization in superstar cities is what Richard Florida now calls the New Urban Crisis. In this essay, I will provide a brief summary of the book The New Urban Crisis and show how the book is largely U.S-centric which provides a one-directional argument for solving the new urban crisis of superstar cities across the globe. I will also analyze the author’s arguments to uncover any other inconsistencies that might arise while reading the book. In the first few chapters, Florida takes a dab at the transformation that the cities, especially superstar cities such as New York, San Jose, L.A and London have undergone, in the past two decades. While the older urban crisis of 1960-70s was defined by economic abandonment and deindustrialization, the new urban crisis was born out of the success of the superstar cities (Florida 2017, 11). He mentions that during the 1960s and 1970s, the …show more content…

By using a quantitative references, he emphasizes the fact that just 50 largest metros across the globe are generating almost 40% of the global economic activity (Florida 2017, 13). This phenomenon is only increasing the degree of clustering as more sections of talented, creative, wealthy and innovative industries are being attracted towards these superstar cities. Although Florida recognizes the ongoing vicious loop of development that is selectively profiting the powerful superstar cities and marginalizing other cities, he chooses to only address the inequality that is present within the superstar cities. He fails to recognize and offer solutions that can minimize the inequality between these superstar cities and other

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