Urban Political Economy Flashcards
The city as an environment
Urbanization shift could wreck the environment
Will only increase
Impact on biodiversity and climate change
City as a resource
Untapped possibilities and potentials for both individuals and society as a whole
Only meets needs of future generations if it is handled sustainably
Memphis TN
Garbage collectors were crushed to death by a truck.
Neglect and abyss of its black employees
Paris, France
General strikes as well as the occupation of universities and factories
Protests reached a point that political leaders feared civil war
Stop spadina
Slogan for Toronto residents who organized during the 1960s to fight the destruction of their neighbourhoods
Characteristics of political economy
- Cities are shaped by the actions of powerful economic and political players who control key resources
- Urban life is dominated by racial, ethnic and class antagonisms
- The state plays s powerful role in shaping the urban life
- Cities are greatly influenced by how they fit within the global capitalist economy
Use value
The usefulness of a commodity
Exchange value
The exchange equivalent by which the commodity is compared to other objects on the market
The use value of place
- Everyone needs to use space all the time
- Places provide access to other use values (schools, stores)
- We attach sentimental value to place (community, heritage)
- Places are unique and can’t be replaced without changing their character
The exchange value of place:
- space can’t not be produced , no fixed
- every property owner holds a monopoly
- determined by external factors, individual entrepreneurs can do very little to increase the value of their land
- strong interest in encouraging economic and population growth in a city or regional scale
Growth machine
What really defines a city is the concentration of pro growth activity (people interested in generated in developing economic growth, roads buildings)
Who makes up the growth machine?
Real estate developers
Business owners
Municipal/regional governments
Local federal/provincial/state representatives
Newspapers and local media
Sports franchises
Construction companies
Unions
Public institutions
Residents
Calgary next
Centre piece of revitalized west village
Stadiums - profit business
Power in city politics: social control
Societal and political mechanisms or processes that regulate individual and group behavior, leading to conformity and compliance to the rules of a society, state, or social group
Power in city politics: social production
The process and product arising from the experience of people in a community collectively determining the conditions of their own habitat
N.I.M.B.Y
Not in my back yard
Opposition by residents to a proposal for a new development because it is close to them
Urban renewal
Redevelopment of areas within a large city, typically involving the clearance of slums
Third world urbanization
Rate of urban population growth far outstrips the pace of industrialization
Core nations performed functions of capital investment, economic management, innovation
Peripheral nations: exported agricultural products and raw materials
3 key theories
The crisis with consumption: concern of inequality and injustice. 3 issues: preservation and improvement of residential neighbourhoods; poverty; social and cultural discrimination
Crisis of accumulation: real estate investors tend to over invest in a particular area because it appears to be profitable
Elite coalitions and the urban growth machine: urban decision making as dominated by a public private coalition of elites who believe that the best interests of their city and its residents are served by pursuing continuous economic growth and development
Entrepreneurial city
Economies shifted to a for dust system
Manufacturers attempted to reduce the risk by outsourcing and subcontracting to companies that were not part of their own organizations, thus reducing the amount of vertical integration
Entrepreneurial governance
Shift by cities from providing welfare and collective services to polices designed to foster and encourage local growth and economic revitalization