Showing posts with label Specialization. Show all posts
Showing posts with label Specialization. Show all posts

Friday, November 1, 2024

Nothing Fails Like Success: The Jane Jacobs Theory

 

Jane Jacobs, the renowned urban theorist, challenged the conventional wisdom that "nothing succeeds like success." She argued that in many cases, too much success can actually lead to failure.

Jacobs' theory is based on the idea that diversity is essential for the vitality and resilience of neighborhoods. When an area becomes too specialized, it can become vulnerable to economic downturns and a loss of vitality.