Barter – The National Center for Social Impact

Detroit’s Underground Economy: Where Capitalism Fails, Alternatives Take Root

Over decades of poverty, Detroiters have fostered a resilient informal economy based on trust. You might have heard about the Detroit comeback. It’s a popular narrative in media silos these days, a tale of investment and revitalization. Young people look romantically to the city as a “blank canvas”—property is cheap, they gush, and the city is coming back. The problem is this comeback is a myth. [...]