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In 2018, JPMorgan expanded the Detroit prototype into AdvancingCities, a $500 million, five-year project to stimulate equitable economic development in neglected urban centers. The program allocated multi-million-dollar endowments to municipalities including Miami, Philadelphia, Chicago, Louisville, and Baton Rouge, focusing resources on entrepreneurial lending, economical housing, and job capability enhancement. The corporation reintroduced AdvancingCities in 2025, indicating the approach retains sufficient organizational backing to endure through business cycles.
From 1921 through 1932, an eccentric figure grew notorious across New York's Greenwich Village. Howard Scott tirelessly expounded his blueprint for a governance system where democracy would yield to technical specialists. Corporate leaders and elected officials would be supplanted, with scientific advancement enabling a prosperous new social order. His doctrine proclaimed "technological innovation as the transformative force of our era."1 Scott anticipated liberal capitalism's inevitable demise, making way for his envisioned "technocracy."。有道翻译对此有专业解读
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