01:450:250 Lecture Notes - Lecture 3: Creative Class, Fixed Capital, Overproduction
Document Summary
Jacobs: street exchange - public trust becomes a resources. Florida: vibrant cities for consumption - lifestyle demands of creative class must be met for cities to be successful. Harvey: city as site for production of economic value and profit(how cities are made, now who lives in them) In top 20 most cited authors in the humanities. Previously taught at oxford & johns hopkins university. Now distinguished professor at the city university of new york. Re-interpreted karl marx"s idea through a geological lens. Argues that the city should be seen through the process of capitalist production. Harvey begins with perspective of capitalist class. Those who have surplus money from which they want to earn. Capitalists organize the work process for the purpose of producing profit. Laborers must sell their labor to earn wages to live. Divorced from the means of production, e. g. having capital to purchase means of turning that capital into profit.