Oxford University Press's
Academic Insights for the Thinking World

  • Author: Alessandro Busa

A Tale of Two New York Cities [excerpt]

New York is a city of many things to many people. But more and more those people are being divided. Those who have the means to live in comfort and splendor, and those struggling to survive in a once vast urban landscape that grows smaller and smaller with each year. In this excerpt from his book The Creative Destruction of New York City, author and urban scholar Alessandro Busà, gives us the lay of this new land where all are welcome, particularly if they can afford it.

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The trouble with elite cities

The transformation of the city into a pricey commodity for sale is one of the most profitable ventures in the current phase of capitalism. This is why private players and local governments are eager to invest monumental resources in the production and promotion of this ever more sophisticated, ever more seductive money-making machine: the city.

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