NEW URBAN GEOGRAPHIES OF THE ECONOMIC CRISIS: THE CASE OF GLASGOW, UK
Gareth Rice
Department of Geography
University of Helsinki
gareth.rice(at)helsinki.fi
Under the aegis of neoliberalism the ever more intensive use of space goes
hand in hand with global capitalist development. In times of economic crises
spaces of global capital take on new geographies. This is evident from previous
rounds of economic restructuring in former industrial cities transformed from
‘dead zones’ (Doron 2002) into sites for more cultural based (demand
led) activities and a dependency on service based economies. However, at the
urban scale at least, while previous rounds of economic restructuring rendered
many global spaces of capital more susceptible to alternative uses, the 2008
‘credit crunch’ may be associated with their augmentation. Evidence
from Glasgow indicates that investors are attempting to spend their way out
of the ‘credit crunch’ through expanding the use value of existing
sites rather than ‘giving them up’ for alternative uses or simply
abandoning them. This expansion also projects a wider urban renewal discourse,
which blights less profitable areas in the city centre. Glasgow’s Paddy’s
Market is one area which has been targeted in such a way and subsequently
projected as a ‘crime ridden midden’ by the City Council who are
demanding higher rent levels. I conclude that this pervasive naturalization
of market discipline ruptures the relationship between urban space and belonging.

