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Back to the Future (w/ Jon Shelton)

Movies vs. Capitalism

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Black Mayors and Fiscal Crises

  • In the 1970s, many American cities elected Black mayors for the first time.
  • This coincided with fiscal crises as wealth moved to suburbs and corporations sought cheaper labor elsewhere, leading to deindustrialization.
  • These two events are often equated, contributing to the negative perception of cities under Black leadership.
  • This dynamic is reflected in the portrayal of Hill Valley in "Back to the Future."
  • This highlights the historical context of economic decline and the challenges faced by Black mayors in that era.
  • The economic stagnation and inflation of the time exacerbated these problems as tax receipts went down and municipal budgets faced cuts.
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