CITIES SHOULDN'T COMPETE, THEY SHOULD COLABORATE

Are you familiar with the idea of "Radical Municipalism'? Could this be one major idea that could tackle gentrification from different angles?

Before we delve into "Radical Municipalism," it's important to recognize that the term "radical" isn't particularly useful, especially in the era of neoliberal capitalism. 
While "radical" suits the term "Radical Municipalism," it often evokes strong ties to leftist ideology. Although suggesting left-leaning ideas for urban development is not an issue, labeling a solution to a capitalist urban problem like gentrification as "radical" might attract more detractors than supporters.
As the well-known philosopher Slavoj Zizek points out, "it's not wise to radically scare off capital in capitalist environments; in fact, you're just embracing it." In essence, "Radical Municipalism" focuses on enhancing administrative and economic ties between neighboring cities.
This concept pushes for the creation of independent budgets among cities to exert international political influence and have administrative laws directly governed by citizens. The primary aim is to shift power from large multinational corporations to the cities. Instead of global companies dictating investment conditions and cities competing to meet them, radical municipalism suggests the opposite.
Cities should establish strong laws and investment requirements, which multinational corporations must adhere to and fulfill.

This strategy fosters long-term stability, harmony, and cohesion within cities, leading to a fair distribution of stability. We all know that investments are attracted to stability. While this won't create complete harmony, it will anchor wealthy companies and shift the emphasis from immediate profits to long-term returns. A highly informative YouTube channel and video summarizing this concept can be found at the following link:

Cities After... Neofascism, Housing & UrbanizationThis subject is way more broader than this article here but for now it is enough.