GGR339H1 Lecture Notes - Lecture 5: Racialization, Royal Highland And Agricultural Society Of Scotland, Spatial Mismatch
Document Summary
State-funding: public housing and suburbans in 1949 fhas1: mortgages/home ownership/highways2. Eyes on the street or the lack thereof. Lack of continuous use (not mixed used), too much green space. Mass incarceration in terms of political economy, how race is tied, how the war on drugs is connected. 1in order to prevent a slump in ww2 economy, you had the government funding public housing, resulting in encouraged ownership with cheapen mortgages (done to federal government). There is a structural-political dimension as capitalism depends on the production of surplus. There is surplus value which is profit, beyond your investment. If there is no return, than capitalism ceases to exist. Surplus pros (if capitalism works: you re-invest the surplus into productions a. Important for growth, because otherwise it is depression: with continuous growth you have an increase in capital, rate of capital expansion less than workers. Harvey and marx says that you need population to be growing faster than capital expansion.
