Capital City: Gentrification and the Real Estate State
Making Contact
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Is This a Risky City?
Even cities struggle with the credit ratings. The responsibility for giving a credit score to a city is basically controlled by three private corporations, moodis, fitch and sp. If we're talking about what those three big corporations think characterizes a risky city, it is a city that's massively investing in its poor and working class and massively taxing its wealthy. Their idea of good economic development is creating as smooth, frictionless, unencumbered a terrain for capital as possible. That's what they're looking for.
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