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On 2019/10/02 2:21 PM, Louis Proyect via Marxism wrote:
... As Sassen has written for Truthout, “These expulsions don’t simply
happen; they are made.”
The place-making that capital imposes is revealing, and it's good to see
attention to the flows of financial capital: the typical debate in urban
geography is whether the gentrifiers lead the finance capitalists, or
the other way around.
Nevertheless, flows of people are typically mediated by ad agencies and
clever place marketing. One of the newish strategies to watch out for is
an artificial evaporation of racial oppression through a nostalgia
white-wash.
Here's a comparison of a couple of sites that are indicative of how hard
these lads have to push in secondary cities where the creatives are
thinner on the ground than the likes of SF, NY, Boston, etc:
Deracialized Nostalgia, reracialized community, and truncated
gentrification: Capital and cultural flows in Richmond, Virginia and
Durban, South Africa
Patrick Bond & Laura Browder
Pages 211-245 | Published online: 28 Mar 2019
Gentrification literature often focuses on frictions between gentrifiers
(often white) and those being displaced by the process (often low-income
people of color). Far less attention is paid to a revealing
place-marketing strategy that papers over race politics. Businesses in
gentrifying neighborhoods appeal to their customers’ sense of nostalgia
for a vanished way of life, while eliding racial injustices prevalent in
the times they evoke. The process entails re-racialization of such sites
without reference to the segregatory politics central to their creation:
a mode of remaking history, without memory. In larger cities this may
not be so evident, since gentrification dynamics are driven by both a
sufficiently large share of the population with high disposable incomes,
and a well-developed property redevelopment industry with the capacity
to unleash real estate speculation. In contrast, smaller cities that
have partially gentrified still exhibit incomplete erasure of the past.
They provide a valuable window into this process of historical de- and
re-racialization. Two such secondary cities are Richmond, Virginia, and
Durban, South Africa. Both have histories of legally-enshrined racial
segregation, and both are attempting, with varying degrees of success,
to recast inner-city neighborhoods as cool, creative places for
middle-class residents to live, consume, and produce.
https://www.researchgate.net/publication/332075747_Deracialized_Nostalgia_reracialized_community_and_truncated_gentrification_capital_and_cultural_flows_in_Richmond_Virginia_and_Durban_South_Africa
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