JOURNAL ARTICLE
Smart city, eco city, world city, creative city, et cetera et cetera: a Marxian interpretation of urban discourses' short lifecycles.
Published In: Cambridge Journal of Economics, 2023, v. 47, n. 2. P. 393 1 of 3
Database: Business Source Ultimate 2 of 3
Authored By: Sonn, Jung Won; Park, Joon 3 of 3
Abstract
This article examines the recurring emergence and rapid replacement of urban concepts such as "smart city," "creative city," and "eco city" through a Marxian lens, focusing on the built environment as fixed capital. It argues that the unique characteristics of built environment capital—namely its long production cycles and reliance on agglomeration economies rather than physical quality—create fragility in capital circulation that cannot be resolved solely through economic means. Consequently, developers and states deploy urban discourses as strategic tools to attract investment, create visions of surplus profit, and induce moral depreciation of competing spaces, especially under conditions of financialization and over-accumulation. The study highlights that state intervention often intensifies rather than diminishes the use of such discourses, particularly in non-core regions seeking to secure monopoly rents and economic competitiveness.
Additional Information
- Source:Cambridge Journal of Economics. 2023/03, Vol. 47, Issue 2, p393
- Document Type:Article
- Subject Area:Environmental Sciences
- Publication Date:2023
- ISSN:0309-166X
- DOI:10.1093/cje/beac069
- Accession Number:163424502
- Copyright Statement:Copyright of Cambridge Journal of Economics is the property of Oxford University Press / USA and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
Looking to go deeper into this topic? Look for more articles on EBSCOhost.