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The Slow Decline Of Los Angeles

The indispensable Joel Kotkin has a great essay over at New Geography on how Los Angeles lost its mojo.  Why?  According to Kotkin,

A big reason is a decline in the power and mettle of the city’s once-vibrant business community. Between the late 1980s and the end of the millennium, many of L.A.’s largest and most influential firms…disappeared in a host of mergers that saw their management shift to cities like London, New York and San Francisco.

To make matters worse,

Business-strangling regulations proliferate, often with support from a powerful and well-heeled environmental movement, which Mr. Villaraigosa counts on for political support and media validation. There are draconian moves to control emissions at the port from ships and trucks. Also harmful are the city’s efforts to expand the unions’ presence from the docks to the entire network of trucks serving the port—essentially forcing out independent carriers, many of them Latino entrepreneurs, in favor of larger firms using Teamster drivers.

Blue kills.

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  • Brian

    Do you have a link to this essay?

    • Peter Mellgard

      Brian – I updated the post with link. Thanks for pointing that out.

  • Brian

    Excellent — thanks!

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