
How Cities Sell Themselves to the Tech Industry w/ David A. Banks
Tech Won't Save Us
00:00
The Decline of the Creative Class in Cities
When we had cities whose kind of economic bases were more dependent on industrial work, there was a desire to keep property prices and housing prices low. But when you replace industry that makes things with the finance, insurance and real estate, they make their money off of infinite financial growth. And so they want everything to get as expensive as possible. They're not making candy themed or candy flavored wines or anything for you. Because it can't be that creative, right? because really what you want to do is like take history, freeze it in amber and then sell it back to people.
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