Cronyism, corruption, bailouts, favored status, confiscation through eminent domain, picking winners and losers. Sound familiar?
This documentary premiered yesterday in Washington DC, and offers some historic perspective to the decline of Detroit.
Perhaps even, an explanation (a warning) of what is to come next, as long as we allow our governments to engage in corporatism; a way in which our taxpayers dollars are funneled into the pockets of special interests and how corruption has abused Detroit, providing little benefit to those paying the bills. At one point Thomas LaDuke makes a great point about not questioning “people’s heart or motives,” but his frustration of how city residents don’t actually see how the city has been run.