The Economics of Adaptability: Resistance to Necessary Change as a Formula for Failure: Detroit and the USA as an Example

Stephan Richter of The Globalist has it right at the New York Times in What Really Ails Detroit.

America has lost its traditional ability to welcome "change" and to use it for progress. In an age of globalization, the widespread resistance to desperately necessary change in the USA is a formula for failure.

What Really Ails Detroit