LETTERS: Downtown Lexington's "Creative Class" and Gentrification Initiative
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Guest post by Liberty Prevails. In a recent video promoting The Lexington Downtown Management District (a), a proposed quasi governmental entity proposed by The Lexington Downtown Corporation; Phil Holoubek, President of Lexington's Real Estate Company, is insistent that the Special Taxing District will increase Economic Development by attracting "The Creative Class" to Downtown Lexington and elevate Lex to a "World Class City". What is meant by this Marxist phrase? According to the video the "Creative Class" is a group of young urban professionals who's economic function is to create new ideas, technologies and drive new 'creative content'. It sounds a bit like a situation where a certain corporation whose budget is set to be cut in half next year (b) needs bailout to attract young innovative entrepreneurs to give Lexington the facade that the city is booming economically, when in reality Lexingtion has only experienced moderate economic according to a recent assessment conducted by The Federal Reserve Bank of Cleveland (C), a study which also incorporates surrounding counties which include Bourbon, Scott, Jessamine & Clark Counties. With Danny Murphy of Commerce Lexington
LETTERS: Downtown Lexington's "Creative Class" and Gentrification Initiative
LETTERS: Downtown Lexington's "Creative…
LETTERS: Downtown Lexington's "Creative Class" and Gentrification Initiative
Guest post by Liberty Prevails. In a recent video promoting The Lexington Downtown Management District (a), a proposed quasi governmental entity proposed by The Lexington Downtown Corporation; Phil Holoubek, President of Lexington's Real Estate Company, is insistent that the Special Taxing District will increase Economic Development by attracting "The Creative Class" to Downtown Lexington and elevate Lex to a "World Class City". What is meant by this Marxist phrase? According to the video the "Creative Class" is a group of young urban professionals who's economic function is to create new ideas, technologies and drive new 'creative content'. It sounds a bit like a situation where a certain corporation whose budget is set to be cut in half next year (b) needs bailout to attract young innovative entrepreneurs to give Lexington the facade that the city is booming economically, when in reality Lexingtion has only experienced moderate economic according to a recent assessment conducted by The Federal Reserve Bank of Cleveland (C), a study which also incorporates surrounding counties which include Bourbon, Scott, Jessamine & Clark Counties. With Danny Murphy of Commerce Lexington