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Amid Detroit’s Bankruptcy, A New Vibrancy Emerges

• Lewrockwell.com
 

In 2008, when the economic meltdown seemed to have delivered all the agony it could muster to a metropolis already stricken by decades of exploitation, there arose a heartbeat that could be heard, but not quite interpreted, by those of us who are intimately tied to the soul of Detroit urban life. A new energy, in the form of entrepreneurial flurry and grass-roots activism, was starting to reclaim the city from its troubled past.

In spite of a coast-to-coast recession and ensuing uncertainty regarding this country’s economic prospects, the core of the city center, as well as many of the city’s historic neighborhoods, have been experiencing an economic revitalization driven by private investment, philanthropy, and perseverance on the part of communities that are reshaping their existence through hard work, hope, and an ample supply of faith and effort.

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