Un/Making Assets: The Institutional Limits to Financialization

Kay, Kelly; Tapp, Renee

doi:10.1080/24694452.2021.1960474

Cited by 15 publications

(10 citation statements)

References 50 publications

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“…Close engagement with fiscal policy—broadly defined—also opens a range of possibilities for scholars and activists to engage with the future landscape we tread and make public finance more accountable to its subjects (August et al, 2022). Unlike other forms of law, tax laws and other fiscal policies are more malleable, creating real openings for more immediate and meaningful change and offering opportunities to work toward creating more equitable and just futures (Kay and Tapp, 2022).…”

Section: Discussionmentioning

confidence: 99%

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Fiscal geographies between the crisis and the pandemic

Tapp,

Kay

2023

Environ Plan A

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This paper serves as an introduction to the themed issue on “Post-Crisis Fiscal Geographies.” In it, we review the growing body of work on fiscal policy and geography, with particular emphasis on taxation and tax policy. We argue that geographers and other scholars of political economy should pay greater attention to the state’s active capacities, particularly during the long troughs between the crises which tend to receive the bulk of scholarly and popular attention. We situate the three papers that comprise the special issue within the broader literature, closing by suggesting the need to broaden fiscal geographies scholarship beyond tax, as well as raising the possibilities for justice that could arise from closer engagement with fiscal policy.

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Section: Discussionmentioning

confidence: 99%

“…Tax shapes the economic logic of property in and across urban and rural landscapes (Kay and Tapp, 2022). Bridging these arbitrary boundaries has also been a significant topic of interest to fiscal geographers working on housing and land in recent years (Van Sant et al, 2023).…”

Section: Property Environment and Financementioning

confidence: 99%

Fiscal geographies between the crisis and the pandemic

Tapp,

Kay

2023

Environ Plan A

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“…Law is the manifestation of state power, and the state is inseparable from the law (Blomley 2008). The role of the state in preventing and enabling financialisation has been emphasised in previous research (Aalbers 2020, 2023; Kay and Tapp 2022). At the same time, the state should not be considered to be a single unified entity, but should be studied from different perspectives and scales; in the case of this study through its legal institutions and their practice.…”

Section: Theoretical Framework: Embodied and Discursive Displacementmentioning

confidence: 97%

“…The role of the state and its institutions in preventing and enabling financialisation of property has been demonstrated to be crucial (Aalbers 2020, 2023; Kay and Tapp 2022). Financialisation in this way is animated by law, and by legal institutions and their practice.…”

Section: Introduction: the Spatiality Of Lawmentioning

confidence: 99%

Legal Geographies of Displacement through Renovation: Legal Interpretative Practices in Sweden

Polanska

2023

Antipode

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How the legal is implicated in the production of space and how displacement is both a material and discursive process stands at the fore of this study. The aim is to examine how the law is interpreted in cases of approval of renovation of rental housing and how these interpretations are articulated, presented, and justified in the Swedish context. Questions on what definitions and justifications are used in the interpretative legal practice are linked to processes of discursive displacement of tenants. It is argued that the unequal relationship between property owners and tenants is sustained in this legal practice through the techniques of abstracting, naturalising, and shifting responsibility, and uncritically reproducing financial logics, thus contributing to discursive displacement of tenants. The arguments of tenants are silenced and circumscribed with economic and technical reasons, along with narrow and vague definitions, reflecting a position of privilege, and reproducing the politics of property.

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“…This is evident in the tendency for research on property to focus on either urban housing or rural land, a practice that is increasingly critiqued, particularly by scholars of financialization (e.g. Aveline-Dubach, 2014;Kay & Tapp, 2022;Ouma, 2020). There are, of course, studies that break from this general pattern, such as work by Blomley (2004) and Safransky (2017Safransky ( , 2018 on urban land, but the tendency remains in the geographic literature and beyond.…”

Section: Introductionmentioning

confidence: 99%

Connecting country and city: The multiple geographies of real property ownership in the US

2023

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In this review, we bridge recent studies on the political economy of urban and rural real property ownership, focusing on the US. While there are many parallels and interlinkages between urban and rural phenomena, we note that the field generally produces a different literature for each space: one largely about urban housing and another about rural land. We argue that foregrounding their common legal status as “real property” can help develop new and important analyses that unravel the urban/rural binary. Such an approach suggests, for instance, that gentrification and amenity migration are simply urban and rural manifestations of similar underlying dynamics. This awareness also helps enable the search for institutions that connect country and city, such as investors that target real property across multiple geographies. Thus, we broadly outline the points of overlap and divergence between studies of urban and rural real property ownership in order to open up space for more comparative and relational analyses. Finally, we conclude by suggesting two sets of literature that offer resources for unraveling the urban/rural binary: the work of Doreen Massey and Indigenous geographies.

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Un/Making Assets: The Institutional Limits to Financialization

Cited by 15 publications

References 50 publications

Fiscal geographies between the crisis and the pandemic

Fiscal geographies between the crisis and the pandemic

Legal Geographies of Displacement through Renovation: Legal Interpretative Practices in Sweden

Connecting country and city: The multiple geographies of real property ownership in the US

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