URST 200 Chapter Notes - Chapter 10: Urban Renewal, Creative Destruction, Investment
Document Summary
"the right to the city" (by david harvey): Harvey popularized the "right to the city" term during the early financial crisis --> now commonly used for urban protests. "right to the city" is more about demanding for members of the society that are excluded. Harvey links "right to the city" to marxist theory. He argues that excluded protestors should be striving for the collective. Right to shape everything about the city, not just improvements to their individual lives. Argues that capitalism absorbs capital surplus and invests it in housing, urban infrastructure. Creative destruction: wipe out value and create pain for the poor, a result of capitalism. To fund our lavish lifestyle and consumer culture. Hurts the poor and allows the rich to profit more --> they are. Dispossessed of any right to the city whatsoever (called "accumulation by dispossession" - essentially when you induce capital absorption towards urban redevelopment)
