In case you were wondering where one of the most well known academic geographers gets his information, this is what David Harvey had to say at the opening of the Urban Social Forum in Rio de Janeiro today:
"...the only profit made off of any Olympic Games was Los Angeles, and in many instances cities and governments take a huge loss. I think it is no accident that Greece is now close to defaulting, is seriously in debt and has serious financial problems in part because of all of the money they had to borrow and had to utilize to get the Olympic Games which produced empty places which nobody knows now what to do with."
You heard it here first. This is not the whole of the story however. The real thrust of Harvey's argument, which is also something that I have drawn attention to in other posts, is that capitalist expansion requires ever growing markets, ideally somewhere around 3% annual growth. When the opportunities for physical expansion contract, or the imbalance of wealth prevents the majority from entering the market, ficticious markets emerge, and when those markets collapse, crisis ensues: USA junk bonds 1987, Japan 1990, Mexico 1995, Thailand 1997, South Asian Tigers late 1990s, dot com bust 2001, USA real-estate crash 2007, etc. Now, Harvey suggested, the emerging fictions of carbon trading are finding their spatial and market equivalents in the production of hollow spectacles like the Olympics and World Cup. These events are ideal from the perspective of capital accumulation in that they are in continual motion, needing to be in a constant state of production, consumption, and decline, and offer a spectacle that once consumed is placed into the dustbin of history. They also create some handy bubbles, like rampant real-estate speculation, that allow some economies to sustain higher than 3% growth while others lag behind. Natrually, this growth is unequal both spatially and socially throughout the city, and we can read within the Olympic Map, where these gross inequalities and fictious markets are going to take physical form.
Subscribe to:
Post Comments (Atom)
Labels
2014 World Cup
Rio de Janeiro
Maracanã
FIFA
2016 Olympics
2016 Summer Olympics
Eduardo Paes
CBF
Copa do Mundo 2014
Rio de Janeiro Olympics
Ricardo Texeira
World Cup 2014
Vasco da Gama
2010 World Cup
White Elephants
mega-events
APO
UPP
BRT
Brazil football
Flamengo
Lula
Orlando Silva
violence
ANT
Aldeia Maracana
Carlos Nuzman
Dilma
Eike Batista
Rio 2016
Sergio Cabral
2007 Pan American Games
Campeonato Carioca
Corruption
IOC
Jerome Valcke
Novo Maracanã
stadiums
BOPE
BRASIL 2016
Brasil 2014
Engenhao
Joao Havelange
Maracana
Policia Militar
Vila Autódromo
Aldo Rebelo
Botafogo
Henrique Meirelles
Medida Provisoria
Metro
Revolta do Vinagre
Sao Paulo
Sepp Blatter
World Cup 2010
forced removal
Carnaval
Elefantes Brancos
Fechadao
Marcia Lins
Minerao
Morumbi
Odebrecht
Porto Maravilha
Rio+20
Romario
Security Walls
South Africa
South Africa 2010
TCU
Transoeste
protests
public money
public transportation
slavery
transparency
x-Maracana
Andrew Jennings
Argentina
Audiencia Publica
Barcelona
Brazil
Carvalho Hosken
Comitê Popular
Confederatons Cup
Copa do Brasil 2010
Cost overruns
Crisis of Capital Accumulation
EMOP
FERJ
Favela do Metro
Fluminense
Fluminese
Fonte Novo
IMX
Jose Marin
Leonel Messi
London 2012
Marcelo Freixo
Maré
Museu do Indio
Olympic Delivery Authority
Perimetral
Rocinha
Soccerex
Transcarioca
bicycles
consumer society
debt
idiocy
militarization
transportation
1995 Rugby World Cup
2004 Olympics
2015 Copa America
Banco Imobiliario
Barcas SA
Belo Horizonte
Bom Senso F.C.
Brasilerao
CDURP
CONMEBOL
Champions League. Mourinho
Complexo do Alemão
Copa Libertadores
Cupula dos Povos
ESPN
England
FiFA Fan Fest
Istanbul 2020
Jogos Militares
John Carioca
Kaka
Manaus
McDonald's
Obama
Olympic Village
PPP
Paralympics
Providencia
Recife
Russia
Salvador
Soccer City
Taksim Square
Tatu-bola
Urban Social Forum
Vidigal
Vila Olimpica
War
World Cup
Xaracana
attendance figures
cities
corrupcao
drugs
estadios
football
frangueiro
futebol
mafia
planejamento urbano
police repression
porn
privitization
reforms
shock doctrine
taxes
201
2010 Elections
2010 Vancouver Olypmics
2013
2018 World Cup
2030 Argentina / Uruguay
ABRAJI
AGENCO
ANPUR
ANT-SP
Amazonia
Ancelmo Gois
Andrade Gutierrez
Anthony Garotinho
Arena Amazonia
Arena Pernambucana
Athens
Atlético Paranaense
Avenida das Americas
BID
Barra de Tijuca
Blatter
Brasil x Cote d'Iviore
Brasileirão 2013
Brasilia
Brasilierao
Bruno Souza
Bus fares
COB
COI
COMLURB
CPI
CPO
Cabral
Caixa Economica
Canal do Anil
Cantagalo
Celio de Barros
Cesar Maia
Chapeu Mangueira
Chile 2015
Choque do Ordem
Cidade da Copa
Class One Powerboat Racing
Clint Dempsey
Comite
Companhia das Docas
Copa do Brasil
Corinthians
Cuiabá
Curitiba
Dave Zrin
David Harvey
Der Spiegel
Eastwood
Edge of Sports
Escola Friendenrich
Expo Estadio
Expo Urbano
FGV
Fonte Nova
Gamboa
Garotinho
Geostadia
Ghana
Globo
Greek Debt Crisis
Greek Olympics
HBO
Hipoptopoma
IMG
IPHAN
ISL
Iniesta
Internatinal Football Arena
Invictus
Istanbul
Itaquerao
Jacque Rogge
Jefferson
John Coates
Jose Beltrame
Julio Grondona
Julio Lopes
Julio de Lamare
Knights Templar
Korea
Lei Geral da Copa
MAR
MEX
Manchester United
Mangabeira Unger
Maracanã. Soccerex
Marina da Gloria
Mexico
Milton Santos
Molotov Cocktail
Mr.Balls
Neymar
Nicholas Leoz
Nilton Santos
Olympic Flag
Olympic Park Project
Oscar Niemeyer
Pacaembu
Pan American Games
Parque Olimpico
Pernambuco
Plano Popular
Plano Popular do Maracana
Plano Popular do Maracanã
Play the Game
Pope
Porto Alegre
Porto Olimpico
Porto Seguro
Portuguesa
Praca Tiradentes
Preview
Projeto Morrinho
Putin
Qatar
Quatar 2022
RSA
Realengo
Regis Fichtner
Roberto Dinamite
Russia 2018
SETRANS
SMH
Santa Teresa
Santos
Sao Raimundo
Sargento Pepper
Security Cameras
Smart City
Sochi 2014
South Korea
Stormtroopers
São Januário
São Paulo
Teargas
Templars
Tokyo 2020
Tropa do Elite II
Turkey
UFRJ/IPPUR
URU
USA
USA!
Unidos da Tijuca
United States government
Urban Age Conference
VVIP
Via Binário
Victory Team
Vila Autodromo
Vila Cruzeiro
Vila do Pan
Vilvadao
Vivaldao
Volta Alice
Wasteland
Workers' Party
World Cup 2018
Xavi
Zurich
apartments
atrazos
barrier
beer
bio-fuels
bonde
capacities
civil society
comite popular
copa sudamericana
crack
crime
dengue
dictatorship
estádios
favelalógica
feira livre
fiador
flooding
freedom of information
furos
geral
graffiti
guarda municipal
host city agreement
identity
infrastructure
ipanema
istoe
labor
rape
riots
schedule
school shooting
security
segregation
social movements
stadium
state of exception
supervia
tear gas
ticket prices
torcidas organizadas
tourism
traffic
tragedy
trash
trem-bala
velodromo
wikileaks
xingar
1 comment:
Nçao esquece a Árgentina, e sua crisis de 2001.
Aqui no Nordeste, temos um verdadero "boom" nos mercados de inmóveis e construção. Há 18 novos prédios residenciais em construção (de luxo, obviamente), só aqui no município de Salvador. Há uma falta de pedreiros na região em total; há notícias aqui sobre a demanda para muitos pedreiros e carpinteros que puderem mudar para Recife.
Tomara que o Brasil não tiver outra explosão do bubble nestes mercados.
Post a Comment