GPHY 227 Chapter Notes - Chapter 13: Subprime Lending, Shrinking Cities, Deindustrialization
4 Apr 2020
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In certain neighborhoods undergoing disinvestment, residential properties can undergo devaluation to the point where it becomes profitable for finance capital & real estate to reinvest in those neighborhoods. Shrinking cities: the idea that cities could shrink first appeared in studies of urban decline in north america in the. Bohemian culture & creative economy has afforded opportunities for new forms of urban economic development & even a new economic identity for the city. The urban carceral society: carceral society: phrase used to denote spread of social control from prison to society more generally associated with surveillance, behavioral correction, social control, militarization of urban space. Local inhabitants - more bodies counted means place gets more funding: the us carceral society disproportionately affects poor neighborhoods of color concentration of policing in certain urban neighborhoods means decimation of young male populations. Militarization of the city, urbanization of the military.
