Planning Twentieth Century Capital Cities (2024)

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This paper is inspired by Thomas Piketty's book Capital in the Twenty-First Century. Piketty does a wonderful job of tracing income and wealth over time, and relating changes to trends of economic and population growth, and drawing out the implications for inequality, inheritance and even democracy. But, he says relatively little about where capital is located, how capital accumulation in one place relies on activities elsewhere, how capital is urbanized with advanced capitalism and what life is like in spaces without capital. This paper asks 'where is the geography in Capital' or 'where is the geography of capital in Capital'? Following Piketty's lead, the paper develops its analysis through a number of important novels. It examines, first, the debate that Jane Austen ignored colonialism and slavery in her treatment of nineteenth century Britain, second, how Balzac and then Zola provide insight to the urban political economy of capital later in the century, ...

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In this phase of neoliberalization, cities are witnessing large-scale transformation under the influence of expanding capital and new technologies. Despite growing inequalities and segregations, there has been renewed interest over the last decade or so in building new cities variously labelled ‘smart’, ‘green’, or ‘integrated’. This chapter attempts to explain how ‘state’ has become more prominent in shaping the conditions for capital accumulation and circulation, especially in leveraging its control over land for certain political interests. Taking ideas from Henri Lefebvre, David Harvey, and Neil Brenner, the chapter elaborates on rescaling strategies, and the way a capital city has become the critical place where one could see how physical space, political power, and the logic of accumulation play out in the neoliberal context. The purpose in analysing three cities is to explain the underlying forces that have been contribut- ing to the current forms of capitalist urbanization.

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Planning Twentieth Century Capital Cities (2024)
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