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Economics

The Political Economy of Informal Economies in Post-Industrial Cities

Quick fact

In post-industrial cities like Detroit or Manchester, informal work can account for up to 20% of urban GDP, and it is not a remnant of poverty but a direct product of deindustrialization and state withdrawal.

Why this is interesting

You know those street vendors, day laborers, and gig drivers who keep the city running without a formal employment contract? Ever wondered why they exist in the heart of wealthy post-industrial cities?

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The Political Economy of Informal Economies in Post-Industrial Cities

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