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Austerity urbanism: American cities under extreme economy

Jamie Peck
- 18 Dec 2012 - 
- Vol. 16, Iss: 6, pp 626-655
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TLDR
In this paper, the authors locate these developments in the context of mutating processes of neoliberal urbanism, commenting on some of its social and spatial consequences, and argue that these conditions are defining a new operational matrix for urban politics.
Abstract
Austerity budgeting in the public sector, selectively targeting the social state, is a long-established trait of neoliberal governance, but it has been enforced with renewed systemic intensity in the period since the Wall Street crash of 2008. The paper develops the argument that these conditions are defining a new operational matrix for urban politics. Examining some of the leading and bleeding edges of austerity's ‘extreme economy’ in the USA, the paper seeks to locate these developments in the context of mutating processes of neoliberal urbanism, commenting on some of its social and spatial consequences.

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A question of trust

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How do we understand smart cities? An evolutionary perspective

TL;DR: In this paper, a 3RC framework is proposed to understand how smart cities differ in their meanings, intentions and offerings, and the authors cluster the various views pertaining to the building of smart cities and, thereby, propose a 3R framework, consisting of Restrictive, Reflective, Rationalistic and Critical schools, which critically analyses various stages in the development of the field.
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Neoliberal Urbanism Redux

TL;DR: In this article, critical urban theory adopts a restlessly antagonistic stance towards orthodox urban formations and their dominant ideologies, institutional arrangements and societal effects, tracking their endemic policy failures and crisis tendencies while at the same time demarcating potential terrains for heterodox, radical and/or insurgent theories and practices of emancipatory social change.
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Explaining (with) Neoliberalism

TL;DR: In this paper, the explanatory status of neoliberalism, before and since the global crisis of 2008, has been examined in the form of a reflection on the explanatory and political status of the ideology.
References
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'The birth of bio-politics': Michel Foucault's lecture at the Collège de France on neo-liberal governmentality

TL;DR: This paper focused on Foucault's analysis of two forms of neo-liberalism in his lecture of 1979 at the College de France: German post-War liberalism and the liberalism of the Chicago School.
Journal ArticleDOI

Variegated neoliberalization: geographies, modalities, pathways

TL;DR: In this paper, the authors consider the handling of "neoliberalism" within three influential strands of heterodox political economy: the varieties of capitalism approach, historical materialist international political economy; and governmentality approaches.
Book

The Birth of Biopolitics

TL;DR: Arnould as mentioned in this paper argues that the problem of bringing labor back into the field of economic analysis is not one of asking about the price of goods or services, but rather the analysis of the internal rationality, the strategic programming of individuals' activity.
Book

Austerity: The History of a Dangerous Idea

Mark Blyth
TL;DR: Austerity is the order of the day in Europe, but Professor Mark Blyth argues that austerity is a very dangerous idea and does not work as mentioned in this paper, arguing that all we do is shrink the economy.