The Craig Fahle Show

The Origins of Detroit's Financial Crisis

Monday, July 22, 2013

Photo: washingtonmonthly.com Detroit's declining tax base often takes the blame for straining city finances. But what caused that decline? Thomas J. Sugrue, Detroit-born David Boies Professor of History and Sociology at University of Pennsylvania and author of The Origins of the Urban Crisis, describes why we're now seeing the effects of a century of deindustrialization, problematic urban policy and unequal opportunity.

Thomas J. Sugrue is also Director of the Penn Social Science and Policy Forum at the University of Pennsylvania. A specialist in twentieth-century American politics, urban history, civil rights, and race, Sugrue was educated at Columbia; King's College, Cambridge; and Harvard.

If Detroit's bankruptcy has been building for over 50 years, how long will it take for Detroit to bounce back?