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Alpha City - How London Was Captured by the Super-Rich (Hardcover)
Loot Price: R458
Discovery Miles 4 580
You Save: R48
(9%)
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Alpha City - How London Was Captured by the Super-Rich (Hardcover)
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List price R506
Loot Price R458
Discovery Miles 4 580
You Save R48 (9%)
Expected to ship within 9 - 15 working days
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Donate to Against Period Poverty
Total price: R468
Discovery Miles: 4 680
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How London was bought and sold by the Super-Rich, and what it means
for the rest of us Who owns London? In recent decades, it has
fallen into the hands of the super-rich. It is today the essential
'World City' for High-Net-Worth Individuals and
Ultra-High-Net-Worth Individuals. Compared to New York or Tokyo,
the two cities that bear the closest comparison, it has the largest
number of wealthy people per head of population. Taken as a whole,
London is the epicentre of the world's finance markets, an elite
cultural hub, and a place to hide one's wealth. Rowland Atkinson
presents a history of the property boom economy, going back to the
end of Empire. It tells the story of eager developers, sovereign
wealth and grasping politicians, all paving the way for the wealthy
colonisation of the cityscape. The consequences of this
transformation of the capital for capital is the brutal expulsion
of the urban poor, austerity, cuts, demolitions, and a catalogue of
social injustices. This Faustian pact has resulted in the sale and
destruction of public assets, while the rich turn a blind eye
toward criminal money laundering to feather their own nests. Alpha
City moves from gated communities and the mega-houses of the
super-rich to the disturbing rise of evictions and displacements
from the city. It shows how the consequences of widening inequality
have an impact on the urban landscape.
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