There is an organic relationship between capitalism and urban space. This relationship is a dynamic one which reproduces and renovates itself constantly according to the conjuncture of each period and which evolves / changes in parallel with the necessities and rationalities of capital accumulation in historical process. Therefore, neither reproduction of capitalist urban space with the regime of capital accumulation nor the process of restructuring following a crisis in the regime of capital accumulation with spatial organization of capitalism can be compared independently. Today, in the concrete phase that capitalism has reached, urban space has become one of the most important parts of direct capital accumulation under the hegemony of financial capital. In this context, urban transformation projects and various strategies of the process becomes significant with the instrumentalization of space by capital rationality. However, this process carries the internal paradoxes of capitalism into the urban space at the same time, and cities, competing as candidates to be financial centres where the capital has intensified and centralized, also transforms into spaces of violent social polarization. At this point, especially the reformation of squatter settlements has a strategic importance in the process of urban transformation and there are attempts to attach the urban poor, who are the addressee of the process, under a wider urban hegemony project with the strategy of urban renovation
Other ID | JA94AU69ZE |
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Journal Section | Articles |
Authors | |
Publication Date | June 1, 2012 |
Published in Issue | Year 2012 Volume: 4 Issue: 1 |