This book is an overview of various new city and regional development strategies that aim to avoid the faults of cities that are (1) centralized political machines or (2) so privatized that all the value that the public creates is disbursed as corporate profit. The authors published the book in 2017, when everyone in the U.S. dismayed that the federal government would ever take responsibility for collective problems with adequate funding or priority-setting. However, several of the authors' observations about problems that are better addressed at the local level remain true even under a fully functioning federal government. Additionally, the authors' critiques of old models of public-private partnerships (including wholesale privatization or incentivizing development through nothing but tax credits) ring truer than in many leftist critiques because they're more concrete and less moralist.
My primary critique is that the book has a very limited notion of what "participatory democracy" looks like with respect to diverse civic groups and city residents. According to this book, "participatory democracy" means that civic groups are polled about what their communities need and that residents' children have an opportunity to get a better education and thus to be more productive workers. Chapter 7 is the chapter devoted to inclusion, and of its "four strategies" three focus on those two goals. The fourth strategy is local organizing. This was the only part of the book wherein the authors discussed truly democratic organizing, it involved only poor residents helping one another access limited resources, it lacked any detail, and it contained no mandate for how city leaders should better interact with or cultivate spaces for such community organizers. (In contrast to the portions of the book devoted to how to best include and leverage CEO's, wealthy philanthropists, and financiers of various stripes).
I wouldn't lead with this critique if this was simply an omission on the author's part. However, one of the book's central theses is that "the New Localism" approach to city governance is more democratic. It's a dangerous proposition that a stronger school-to-employer pipeline for children is THE hallmark of inclusion and participatory democracy. Presumably the "participation" happens when formerly poor children themselves become part of the city's elite-- but this is assimilation, not inclusion. What of residents who can never be productive workers in a city's chosen industries, who have different civic resources to offer? What of those who impede a city's strategic vision by objecting to displacement in favor of new developments? What of the tendency of wealthy philanthropists, corporate stakeholders, and city management to form inaccessible, nontransparent social groups that consistently impose their view of the highest and best use of the city on poorer residents?
Just because the book advocates a more sustainable, environmentally friendly, and socially supportive model of city development doesn't mean the particular beneficiaries and model of that vision is more democratic. In fact, the only naive arguments in the book are arguments that, say, allowing private institutions to manage publicly owned resources will insulate public resource management from "political interference" (as though private business was not also inherently political), or that if a government institution isn't gatekeeping or managing assets the only role left for that government institution will be to be a consumer/citizen advocate when dealing with private managers. It's not that I am opposed to the increased professionalism, expert knowledge, or quick decision-making that can come with private management, and I am grateful that the authors recognize that government institutions must continue to OWN the assets, but the book really needs to address the vices and risks of this model of public asset management.
That said, the book's analysis of factors that go into well-rounded city development strategies is solid. Highlights include a discussion of how cities should survey and more productively leverage their assets, the structural problems with finance and the need for publicly minded financial intermediaries to provide public projects with access to capital, how local governments can partner with private entities but ensure that they recapture wealth generated by public-private partnerships in the future, what a smart subsidy looks like, and the type of strong and effective communication needed to bring entrepreneurs/social problem solvers and investors together to solve a problem.
In conclusion, it's a worthwhile read. Some parts could use more detail or practical instructions, but the book creates a really nice framework for how to think about putting together a development plan. My only advice is to read with an awareness that greater overall economic prosperity for a city does not translate into a better social or democratic situation for city residents. The author's illusion that the two coincide is an elite blind spot.