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Capital City: Gentrification and the Real Estate State

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Capital City: Gentrification and the Real Estate State (Jacobin)

“This superbly succinct and incisive book couldn’t be more timely or urgent.”
—Michael Sorkin, author of All Over the Map

Our cities are changing. Around the world, more and more money is being invested in buildings and land. Real estate is now a $217 trillion dollar industry, worth thirty-six times the value of all the gold ever mined. It forms sixty percent of global assets, and one of the most powerful people in the world—the president of the United States—made his name as a landlord and developer.

Samuel Stein shows that this explosive transformation of urban life and politics has been driven not only by the tastes of wealthy newcomers, but by the state-driven process of urban planning. Planning agencies provide a unique window into the ways the state uses and is used by capital, and the means by which urban renovations are translated into rising real estate values and rising rents.

Capital City explains the role of planners in the real estate state, as well as the remarkable power of planning to reclaim urban life.

About the Author

Samuel Stein is a geographer, urban planner and housing policy analyst living and working in New York City. His writing on planning politics has been published by JacobinThe Journal of Urban AffairsThe Guardian, and many other magazines, newspapers and journals.

Product details

  • Full Audiobook MP3 Format
  • Full PDF Book Included
  • Series: Jacobin
  • Paperback: 208 pages
  • Publisher: Verso (March 12, 2019)
  • Language: English
  • ISBN-10: 1786636395
  • ISBN-13: 978-1786636393
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