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Full Description
We live in an era of techno-monopoly power in which technocapitalism - through ubiquitous digital platforms - has colonized both the internet and key aspects of our everyday lives. Cities and larger urban and metropolitan environments have provided a fertile ground for the rise and rapid growth of this power. In The Urban Field, Moisio and Rossi reveal an urban monopoly capitalism supported by the "corporatized state". They critically examine the relationship between capital and the state, and the generation of an urban governmentality centred on the economization of knowledge and technology in four key sites: labour, human capital, startups and forms of life. Moisio and Rossi contend that, ultimately, the urban field is a constitutively political construct that can be enacted in a different way, no longer as a value-extraction machine but as a collective endeavour aiming at redefining established modes of economic value creation.
Contents
Introduction: Neo-feudalism or new monopoly capital?
Part I Macro-political economy of the urban field
1 The rise of the corporatized state
Introduction
The urban technological paradigm
The competition state
The corporatized state
Conclusion
2 The urban field and the strategic urbanization of the state
Introduction
The urban field
On the "national" urban field
The urban field in the age of national competitiveness
Designing the Finnish nation-state as a digital space
Conclusion
Part II Micro-political economy of the urban field
3 Labour
Introduction
Labour as source of economic value
Exploiting labour power in techno-capitalism
The blurring of rent and profit
The contested control of the urban field
Conclusion
4 Human capital
Introduction
The rise and rise of human capital theory
The early stages of human capital theory
Redefining the role of the state
Human capital's new clothes: endogenous growth theory
Human capital and the housing crisis
The human capital dystopia is yet to come
Conclusion
5 Startups
Introduction
The world of startups
Startup economy as a constituent of the urban field
Extracting economic value through the urban field
The corporatized state in the startup world
The story of Wolt as an urban startup company
The implicit role of the state in the valuation process
Conclusion
6 Forms of life
Introduction
Constituting the urban experience economy
Naples: Becoming a mass-tourism city
Sophia Loren and the politics of the event
Staging the open city
The cult of Maradona
Conclusion
Coda: The value of the urban field
