Deindustrialization and Urban Bankruptcy: Revisiting Detroit's Rise and Fall

Abstract

This study focuses on the effects of the deindustrialization process on the city of Detroit. In the first half of the 20th century, Detroit rose as an automobile production center, but since the 1940s, it has been the scene of conflicts between capitalists and organized labor. As a result of these conflicts, automotive companies started to leave the city. The resulting deindustrialization has led to long-term unemployment, impoverishment and population loss in the city. In the face of these problems, which drove the city to bankruptcy, Detroit has been trying to get back on its feet with a new set of strategies for more than a decade