Michael McAllum
Unraveling Toward
The core contention of this chapter is that cities are in part both representations of macroeconomic activity and also—particularly since the advent of globalization—economic actors in their own right. It asserts that the effect of this mostly successful globalization activity has been to create a set of circumstances that make cities unsustainable and potentially monstrous. This chapter therefore explores ways in which “the city,” both as a representation and as an actor, needs to be re-thought consequently acting as a contributor to the conversation on a “new macroeconomics.” However, the considerations that follow make the case that future cities need to emerge from a pragmatic ...
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