Inequality
Accumula7on and crises = accumula7on of wealth, capital compared to places of crises – low
capital accumula7on
o Turning to Karl Marx and other Marxian scholars? Bourgeoisie, proletariat and dialec7c
o Understand the workings of capitalism but not much of his predic7ons
o Know more of the connec7ons between processes in history
o Reconsider current dynamics with old framework
o Analyze varia7ons across capitalist space as dynamic and interrelated, understand
connec7ons between accumula7on, crises and socio-economic change)
Spa7al Fix:
Engels’ Condi7on of the Working Class in England (about Manchester’s industry).
o He introduces the ‘housing ques7on’ and asks where do the industrial workers live (they
can only pay low rent but cannot push them too far away from the industrial centre)
o Ananya Roy’s presenta7on from #GlobalPOV, 2013, running 2:55-3:40 hbps://
www.youtube.com/watch?v=1xk7dr3VG6s (slums are ofen just being moved around)
Con7nued by David Harvey, coining the term ‘spa7al fix’, explana7on: capitalism seeks temporary,
spa7alized resolu7ons to its crises
o The fix describes capitalism's insa7able drive to resolve its inner crisis tendencies by
geographical expansion and restructuring
o The term refers to different forms of spa7al reorganiza7on and geographical
expansion that serve to manage crisis-tendencies inherent in accumula7on