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Working Capital: Life and Labour in Contemporary London
 
 
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Working Capital: Life and Labour in Contemporary London (Paperback)

by Nick Buck (Author), Ian Gordon (Author), Peter Hall (Author), Michael Harloe (Author), Mark Kleinman (Author) "At the dawn of the twenty-first century, big cities are again big news ..." (more)
4.0 out of 5 stars See all reviews (1 customer review)
RRP: £29.99
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Product details

  • Paperback: 424 pages
  • Publisher: Routledge; 1 edition (31 Oct 2002)
  • Language English
  • ISBN-10: 0415279321
  • ISBN-13: 978-0415279321
  • Product Dimensions: 24.2 x 17.4 x 2.4 cm
  • Average Customer Review: 4.0 out of 5 stars See all reviews (1 customer review)
  • Amazon.co.uk Sales Rank: 717,859 in Books (See Bestsellers in Books)

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Product Description

Regeneration and Renewal, Ben Walker
An in-depth, and at times poignant, survey of London's socio-economic life. --This text refers to the Hardcover edition.

Review
'Working Capital offers a definitive analysis of the central issues raised by London's development over the last twenty years. It makes a significant theoretical contribution to the understanding of global cities and to the relationship between competitiveness and social cohesion. At the same time it brings into sharp focus the practical problems of governing London. Clearly written and meticulously researched, it is essential reading for urban scholars and practitioners.' - Susan Fainstein, Professor of Urban Planning, Columbia University, New York, USA

'Working Capital is an essential read for many people; indeed all involved in the developing the future of London.' - Built Environment

'[An] extensive, thoroughly grounded and well-conducted study of current life and labour in London...
...Working Capital: Life and Labour in Contemporary London approaches critically some of the most-debated concepts of urban theory and policy with a strong empirical grounding and does so in an engaging and stimulating manner, relevant for practitioners, academics and students.' - Gesa Helms, Urban Studies Vol 42, April 2005



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First Sentence
At the dawn of the twenty-first century, big cities are again big news. Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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1 of 2 people found the following review helpful:
4.0 out of 5 stars Excellent study of our capital city, 12 Jun 2004
By William Podmore (London United Kingdom) - See all my reviews
(TOP 100 REVIEWER)    (REAL NAME)   
Livingstone's 2000 report, The State of London, said, "the prosperity of every Londoner is completely tied up with the city's role in the international economy." But most London workers produce goods or provide services that are used locally: only 19% of London's turnover is exported. The authors conclude, "the global and European roles together are still clearly much less significant for London than its continuing role as a national centre."

London was Britain's largest single manufacturing centre, but since 1962 it has lost 1.6 million manufacturing jobs. Its unemployment has worsened recently.

The authors attack Blair's approach to local government: "Within each local authority the proliferation of government ordained partnerships and specially focused programmes (by service, group and/or locality) is making a coordinated approach and 'joined up' governance harder than ever. ... our work has tended both to cast doubts on the efficacy of local programmes, and to underline the importance of a number of mainstream policy areas. ... Labour's pursuit of 'joined-up' action seems quite perversely to have brought ever more complex arrays of 'initiatives' which are short-term, unsustainable, uncoordinated and even contradictory. ... area-based approaches ... have been the staple of urban policy for the past 35 years, but rarely matched their promises with sustainable achievements. ... We are sceptical, however, about what has been achieved through the proliferation of health, education and other action zones."

Southwark, for example, has contracted out education and housing benefit administration, reducing its ability to coordinate policies. The council relies on private investment for regeneration, but most residents have not gained from the spectacular new South Bank. This kind of 'regeneration' is just like the old discredited 'trickle-down'.

The authors propose national programmes for "improving the supply of low- and moderate-income housing - and conditions in the existing stock of social housing - in ways that prevent this stock from being subsequently 'captured' by other groups; improving public transport provision while restricting the costs of such travel, so as to enhance particularly the mobility of disadvantaged groups; and raising performance in those state schools at the bottom of current league tables ..."

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