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New City-States: Beating Detroit Effect Through Privatization (Running New Competitve Smart Cities Through Private Hedgefunds)


I have been thinking for sometime now the probable path for the future of capitalism (the next stage in the evolution of capitalism post-2008 crash) especially in the area of competitive investment on the future of competitive smart new city-states as ”investment products/assets”.

Each city (e.g. London-Manchester, New York-Washington) seen competing with one another through economic growth and led in front by small or mid-sized private investment hedgefunds working closely with central governments only in upholding nation’s rule of law and constitution.

These new city-states will completely be ‘owned’ and ran by these private investors who will manage these as corporations. Turning every aspects of local governance into profit-making venture for the ”common wealth of respective city/town’s residents”; from private policing (though not judiciary, tasked with overseeing the upholding of constitutional laws and safeguard against individual rights and civil liberties), public works (civil services; parks, housing etc).

I reckon when this is approached and practised diligently and well-thought out it might be a solution to the next stage of modern western capitalism evolution; balancing competitive economies against constitutional rights and thus avoiding the Detroit Effect.

What do you think? Is this the future? Will it work?

Add your thoughts on comment section or email me at spadoffice@aol.com

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About s.s.salim: Geopolitical Analyst

Political & Strategy Defence & Security Intelligence & Communications

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