Ward, C. orcid.org/0000-0002-1768-1725 and Swyngedouw, E. (2018) Neoliberalisation from the ground up: insurgent capital, regional struggle, and the assetisation of land. Antipode, 50 (4). pp. 1077-1097. ISSN 0066-4812
Abstract
In this paper we argue that “assetisation” has been a central axis through which both neoliberalisation and financialisation have encroached in the post-Fordist era. We focus on the mobilisation of land as a financial asset in northwest England's former industrial heartlands, offering an account of how property developer the Peel Group came to dominate the land and port infrastructure of the region through aggressive debt-led expansion and, in particular, a hostile takeover of the Manchester Ship Canal for its land-bank. In doing so, we illustrate how the capture of resources, especially land, by private corporations has shaped both substance and process of neoliberalisation from the ground up. By focusing on transformative struggles over land we contribute to research agendas attempting to understand the systemically dispossessive nature of assetisation, its relationship to fictitious capital formation, and the way such neoliberalising transformations are produced through grounded and situated socio-spatial struggles.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2018 The Author. Antipode © 2018 Antipode Foundation Ltd. This is an author-produced version of a paper subsequently published in Antipode. Uploaded in accordance with the publisher's self-archiving policy. |
Keywords: | financialisation; Peel Group; Manchester Ship Canal; assetisation; neoliberalisation; grounded political economy |
Dates: |
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Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > Management School (Sheffield) |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 20 Sep 2024 08:30 |
Last Modified: | 20 Sep 2024 08:30 |
Status: | Published |
Publisher: | Wiley |
Refereed: | Yes |
Identification Number: | 10.1111/anti.12387 |
Related URLs: | |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:217441 |