Dubai: How not to build a city
thestar.com
thestar.com
(Seriously, when did living debt-free go out of style? If my grandparents wanted something big like a summer home, they saved for it, they didn't go out and get a mortgage.)
Dubai's problem is that they've built an economy that's almost entirely pro-cyclical. Tourism does well when the economy booms, but dries up when it busts. Finance does well when the economy booms, but blows up when it busts. So it's no wonder that in the biggest downturn in 80 years, Dubai's economy is hurting.
But that doesn't mean that Dubai's an example of how not to build a city, any more than Silicon Valley or Detroit are examples of how not to build a city.
Moreover I think the list of counter-examples bout cities is full, thank you everybody: Brasilia, Valparaiso, Paris, New York, Tokyo, etc., now Dubai. Maybe now is time to resurrect Christopher Alexander's spirit (I just checked, he is medically alive) and look at what is good and why it's good.
Should Dubai fall into ruin, it will serve as a powerful weapon in the hands of those that oppose a secular society in the Middle East. Dubai should be a lesson we learn from, but not at the expense of positive modernization.
Someone posts your same urgent insight on every tenth story that makes the front page... Come on folks, please read the guidelines:
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Consider writing a greasemonkey script that filters domains that contain content that you don't want to see, then share the script with the community.