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Financialization and suburbanization: the predatory hegemony of suburban-financial nexus in Istanbul
Globalizations ( IF 1.9 ) Pub Date : 2021-01-19 , DOI: 10.1080/14747731.2020.1859763
Murat Üçoğlu 1
Affiliation  

ABSTRACT

The financialization of housing and the massive suburbanization in many parts of the world pose a plethora of significant problems that contribute to distortions of ecological balances (also known as the Anthropocene) which might reach an irreversible point. This work argues that the financialization of the suburban real estate market operates as a predatory formation. The theories of Urban Political Ecology (UPE) pave the way to understand how the suburbanization process in the twenty-first century has become one of the leading reasons of the Anthropocene. The task of UPE is to understand the political processes that shape, produce and reproduce the configuration of urban, nature and time. The latest suburbanization process has a special role in comprehending how processes and relations over the spatial configuration result in the collapse of ecological balances. This paper explores, through the case of Istanbul, how the financialization of housing market brings about a new ecological reality.



中文翻译:

金融化和郊区化:伊斯坦布尔郊区金融关系的掠夺性霸权

摘要

世界许多地区的住房金融化和大规模郊区化带来了大量重大问题,导致生态平衡(也称为人类世)的扭曲,可能达到不可逆转的地步。这项工作认为郊区房地产市场的金融化是一种掠夺性形式。城市政治生态学 (UPE) 的理论为理解 21 世纪的郊区化过程如何成为人类世的主要原因之一铺平了道路。UPE 的任务是了解塑造、生产和再生产城市、自然和时间配置的政治过程。最新的郊区化过程在理解空间配置的过程和关系如何导致生态平衡崩溃方面具有特殊作用。本文以伊斯坦布尔为例,探讨住房市场的金融化如何带来新的生态现实。

更新日期:2021-01-19
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