Description

This confrontation between cities and multinationals is a reflection of the increased pressures on local authorities and urban spaces since the 2008 financial crisis, including austerity and budget cuts, the financialisation of housing, overtourism that negatively impacting locals, and the targeting of cities by Big Tech and platform companies. On the other hand, now cities and their inhabitants are developing a wealth of powerful innovative policies and initiatives to respond to global challenges, develop the local economy, reduce their climate and environmental footprint, and ensure a good quality of life for all.

Photo: Pixabay