Community economic development and capital accumulation : a geographical interpretation

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dc.contributor.authorVance, Nicholasen_US
dc.date.accessioned2024-08-15T20:12:25Z
dc.date.available2024-08-15T20:12:25Z
dc.date.copyright1993en_US
dc.date.issued1993
dc.degree.departmentDepartment of Geography
dc.degree.levelMaster of Arts M.A.en
dc.description.abstractIn response to economic distress, local residents sometimes organize in an attempt to consciously protect and enhance under­utilized local resources, most especially labour-power. These initiatives take two basic forms. Mainstream schemes accept the dominant logic of capital accumulation, by seeking to upgrade local supply-side production factors to improve economic competitiveness. Community economic development projects, in contrast, attempt to avoid spatial competition, with its inevitable winners and losers, in the name of the economic, political, cultural, and sometimes environmental sustainability of all communities. Yet such initiatives have usually failed to achieve their objectives. These failures manifest, in part, the absence of a clear political-economic understanding of the spatial relations of capital accumula­tion. A practice guided by such an account would seek to challenge the cultural, and, more importantly, institutional forms that regulate and perpetuate class division and inter­firm spatial competition. Community sustainability can ultimately only be achieved through new workplace and inter­firm relations, which negate the need for capital flight and allow for the conscious, democratic allocation of investment capital. Even as such structures are not immediately realizable, community economic development practice should still strive toward generalized supralocal cooperation.en
dc.format.extent248 pages
dc.identifier.urihttps://hdl.handle.net/1828/20023
dc.rightsAvailable to the World Wide Weben_US
dc.subjectUN SDG 12: Responsible Consumption and Productionen
dc.titleCommunity economic development and capital accumulation : a geographical interpretationen_US
dc.typeThesisen_US

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