The Historical Roots of Detroit's Ruin
That the price of a house in Detroit can cost less today than a new car seems one of the great ironies of 21st century America. But no major city has been harder hit by the recent recession, or by the decades of manufacturing attrition that preceded it, than the Motor City.
Its famously lost a quarter of its population in the last decade and 60 percent since 1950, and now sits on the brink of bankruptcy. We are at a critical and pivotal time like none in Detroit's history, Mayor Dave Bing said in his state of the city speech Wednesday.
In his forthcoming book, Detroit: A Biography, journalist Scott Martelle details how the city felled by one of the great innovations of the industrial era, a grave lack of official foresight and swirling poverty and prejudice has come to redefine urban collapse.
Martelle starts his story at the beginning, with French naval officer Antoine Laumet de Cadillac beaching his canoe on the north bank of the Detroit River in July 1701 and establishing Fort Pontchartrain...
(Read more: http://www.theatlanticcities.com/jobs-and-economy/2012/03/historical-roots-detroits-ruin/1461/)