Abstract
This chapter begins with a review of the shift in the underlying logic of post-industrial capital accumulation from the primary circuit, direct production of commodities, to the secondary circuit where value is realized through the change in already existing assets, particularly real property. In consequence the policy agendas and practices of local states have shifted from the prioritizing of services to the servicing of development as a source of tax revenues. Major tenure changes have created a ‘generation rent’. The chapter continues with a review of studies based on deindustrialized Teesside and Greater London and its periphery which show how this has affected how class is lived in those places.
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Byrne, D. (2019). Class in Space. In: Class After Industry. Palgrave Pivot, Cham. https://doi.org/10.1007/978-3-030-02644-8_6
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DOI: https://doi.org/10.1007/978-3-030-02644-8_6
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