Abstract
This chapter examines Chicago's industrial decline and the response of the city's place-dependent bourgeoisie to its fading fortunes. It charts the history of industrial change between 1920 and 1975 and looks at the creation of industrial redevelopment programs in the city of Chicago in the postwar years as city leaders responded to these industrial changes. It also argues that the city of Chicago experienced industrial decline from the 1920s and city leaders implemented several industrial renewal initiatives in the postwar period in an attempt to reverse industrial decline. The chapter explains how the industrial renewal failed, emphasizing on the place-dependent coalitions of developers, financiers, politicians, small business owners, and industrial managers that worked to counter deindustrialization were fighting a losing battle. It mentions alliances that consisted of people from real estate, health, education, finance, and government that pushed a new vision for Chicago.
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