The author of the paper examines the economic expansion paradigm as proposed by Jane Jacobs in her book "Cities and the Wealth of Nations: Principles of Economic Life"
Written in 2008; 1,240 words; 5 sources; MLA; $ 42.95
Paper Summary:
In Jane Jacob's "Cities and the Wealth of Nations: Principles of Economic Life", she explores the five economic forces of city-region expansion. These five forces are markets, jobs, transplants, technology, and capital. Jacobs posits that in order to be a successful city-region, the city-region must have an import-replacement economy where all five forces work harmoniously. In order to determine why cities and city regions fail and/or do not expand; the author of this paper explores the principles of Jacob's economically successful import-replacement paradigm and uses Los Angeles county as an example to illustrate his points.
From the Paper:
"Second, let us suppose that technological advances in agricultural production further displaced agricultural workers of Los Angeles. Let's say for examples sake that people were no longer needed for fruit harvesting (orange harvesting to follow from the previous example). While import-replacement city-regions would not have as large of a setback due to economic diversification, the agriculturally focused community faces clearances and redundancy. "Any nation where sufficient productive city work is lacking, [as in this example], improvements in rural yields and productivity must leave large numbers of workers idle and redundant, or else rural yields and productivity must remain low. ... The costs of idleness and unproductivity of displaced people, along with the accompanying poverty, demoralization, violence, drug addiction and crime, are incalculable but they are enormous" (Jacobs 88,85). Clearances and redundancy would further shrink the dilapidated region as people look to the cities to find new opportunities. However, those who have no other option and must stay face ever-more depressed living and economic conditions."
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