alexa Exploding cities: housing the masses in Paris, Chicago, and Mexico City, 1850-2000.
Business & Management

Business & Management

Journal of Entrepreneurship & Organization Management

Author(s): Platt HL

Abstract Share this page

Abstract In The Mystery of Capitalism , the darling of neoliberalism, Hernando de Soto posits that secure property titles explain “why capitalism triumphs in the West and fails everywhere else.” While social scientists have taken him to task for an oversimplification of the causes and remedies of poverty, historians have contributed little to this important policy debate. Applying comparative methods across time and space, such a retrospective analysis exposes serious flaws in de Soto’s thesis. Case studies of Paris, Chicago, and Mexico City covering successive, fifty-year periods support his contention that property law was the single most important factor in determining the fate of rural migrants trying to find a place to live in these exploding cities. But in each case, residential property played a far more complex role in creating the social and physical geography of the city than its simple exchange value. This article illuminates some of these alternative economic uses and embedded cultural meanings of identities of place. It also shows how urban growth machines create capital value in property for some by creating environmental injustice of substandard conditions of everyday life for others.
This article was published in J Urban Hist and referenced in Journal of Entrepreneurship & Organization Management

Relevant Expert PPTs

Relevant Speaker PPTs

Relevant Topics

Peer Reviewed Journals
Make the best use of Scientific Research and information from our 700 + peer reviewed, Open Access Journals
International Conferences 2017-18
Meet Inspiring Speakers and Experts at our 3000+ Global Annual Meetings

Contact Us

© 2008-2017 OMICS International - Open Access Publisher. Best viewed in Mozilla Firefox | Google Chrome | Above IE 7.0 version