Constructing Flexible Spaces of Accumulation and Social Reproduction
Constructing Flexible Spaces of Accumulation and Social Reproduction
This chapter explores how today's neighborhoods operate as flexible spaces of accumulation that range between the extremes of gentrification and ghettoization. It first examines how the new postindustrial regime weakened and dissolved the industrial era order of space, and how it gave rise to a distinct dialectic of ghettoization (disinvestment) and gentrification (investment) in central cities surrounded by a sprawling middle class expanding into the surrounding suburban space. The chapter then considers how the production of space under the new societal regime of flexible accumulation has redefined neighborhoods and social reproduction. It also looks at public–private partnerships that work around the new priorities of accumulation, focusing on the tax increment financing (TIF) district in Chicago. Finally, it discusses the ebbs and flows of neighborhood life today by referring to the experiences of Bronzeville, Pilsen, and Englewood.
Keywords: neighborhood, gentrification, ghettoization, disinvestment, investment, middle class, flexible accumulation, social reproduction, public–private partnerships, tax increment financing
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