Capital Dilemma

<p>Capital Dilemma: Growth and Inequality in Washington DC uncovers and explains the dynamics that have influenced the contemporary economic advancement of Washington DC. This volume’s unique interdisciplinary approach using historical sociological anthropological economic geographic political and linguistic theories and approaches captures the comprehensive factors related to changes taking place in one of the world’s most important cities. </p><p>Capital Dilemma clarifies how preexisting urban social hierarchies established mainly along race and class lines but also along national and local interests are linked with the city’s contemporary inequitable growth. While accounting for historic disparities this book reveals how more recent federal and city political decisions and circumstances shape contemporary neighborhood gentrification patterns highlighting the layered complexities of the modern national capital and connecting these considerations to Washington DC’s past as well as to more recent policy choices.</p><p>As we enter a period where advanced service sector cities prosper Washington DC’s changing landscape illustrates important processes and outcomes critical to other US cities and national capitals throughout the world. The <i>Capital Dilemma</i> for DC and other major cities is how to produce sustainable equitable economic growth. This volume expands our understanding of the contradictions challenges and opportunities associated with contemporary urban development.</p>