Accumulation by Dispossession: Transformative Cities in the by Swapna Banerjee-Guha

By Swapna Banerjee-Guha

This e-book is a suite of essays written by means of recognized theoreticians and lecturers within the zone of city reports at the transformation technique of towns and its socio-economic ramifications. those essays study the symptoms of spatial difficulty in metropolises, revealing the contradictory tactics of integration and segmentation that signify the severe nature of world urban area. This quantity explores and exposes a divided framework within which globalization operates in the direction of fragmentation and polarization; debunking the parable of homogenization. The essays display that towns and areas internationally get integrated into the program, displaying features which are extra diversified and complicated than ever ahead of specially as a result of more and more contradictory dating with their neighborhood source and cultural base.

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Extra resources for Accumulation by Dispossession: Transformative Cities in the New Global Order

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The coercive laws of competition also force new technologies and organisational forms to come on line all the time, since capitalists with higher productivity can out-compete those using inferior methods. Innovations define new wants and needs, reduce the turnover time of capital through speed-up and reduce the friction of distance that limits the geographical range within which the capitalist is free to search for expanded labour supplies, raw materials. If there is not enough purchasing power in the market then new markets must be found by expanding foreign trade, promoting new products and lifestyles, creating new credit instruments and debt-financed state expenditures.

The breeding places of disease, the infamous holes and cellars in which the capitalist mode of production confines our workers night after night, are not abolished; they are merely shifted elsewhere! 11 Actually, it took more than a 100 years to complete the embourgeoisment of central Paris with the consequences that we have seen in recent years of uprisings and mayhem in those isolated suburbs within which the marginalised immigrants and the unemployed workers and youth are increasingly trapped.

Because they are spaces that are constituted in terms of discontinuities—discontinuities which are given a terrain rather than reduced to a dividing line. Much of my work on economic globalisation and cities has focused on these discontinuities and has sought to reconstitute them analytically as borderlands rather than dividing lines. , a reduction to the condition of dividing line) but also, and most centrally, of the discontinuity itself, the argument being that discontinuities are an integral part, a component, of the economic system.

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