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Neoliberal Chicago$
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Larry Bennett, Roberta Garner, and Euan Hague

Print publication date: 2016

Print ISBN-13: 9780252040597

Published to Illinois Scholarship Online: September 2017

DOI: 10.5406/illinois/9780252040597.001.0001

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Metropolitan Chicago’s Geography of Inequality

Metropolitan Chicago’s Geography of Inequality

(p.47) Chapter 2 Metropolitan Chicago’s Geography of Inequality
Neoliberal Chicago

Costas Spirou

Larry Bennett

University of Illinois Press

The contemporary Chicago region is a space of striking racial and social class segregation. Even as the City of Chicago’s population has stabilized over recent decades, metropolitan Chicago has expanded geographically and in terms of population. At present, there is a striking pattern of exurban municipal development aimed at capturing prosperous residents and buttressing local tax bases. Nor has Chicago’s physical development occurred independent of broader trends in the economy and public policy. The City of Chicago’s neighborhood structure has been profoundly affected by the demolition and mixed-income redevelopment of former public housing neighborhoods, central city gentrification, and following the Great Recession of 2008, the foreclosure crisis that particularly struck local communities of color. Contemporary Chicago’s geography of inequality is thus a palimpsest of recently generated neoliberal processes overlaying an older geography forged by industrial era urbanization and suburbanization.

Keywords:   neoliberalism, Chicago, racial segregation, suburbanization, annexation, gentrification, mortgage crisis, suburbanization of poverty

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