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Alpha City

How London Was Captured by the Super-Rich

«Rowland Atkinson's excellent, lively and deeply researched book opens the lid on a can of dangerous worms. While Britain's policies to tempt the world's mobile hot money and its owners have blessed a small section of the population, Atkinson reveals how this has cursed far larger numbers of people, as the super rich have sucked away wealth, talent, investment, culture, government attention, and opportunities from the majority. As he puts it, "the rich kill the cities built to attract them." A welcome and urgently important corrective to the dominant British narrative that the super-rich benefit London and the wider nation.»

Nicholas Shaxson, author of Treasure Islands

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, it has the largest number of wealthy people per head of population. Les mer

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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, 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.

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. 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.

Detaljer

Forlag
Verso Books
Innbinding
Paperback
Språk
Engelsk
Sider
272
ISBN
9781788737982
Utgivelsesår
2021
Format
20 x 13 cm

Anmeldelser

«Rowland Atkinson's excellent, lively and deeply researched book opens the lid on a can of dangerous worms. While Britain's policies to tempt the world's mobile hot money and its owners have blessed a small section of the population, Atkinson reveals how this has cursed far larger numbers of people, as the super rich have sucked away wealth, talent, investment, culture, government attention, and opportunities from the majority. As he puts it, "the rich kill the cities built to attract them." A welcome and urgently important corrective to the dominant British narrative that the super-rich benefit London and the wider nation.»

Nicholas Shaxson, author of Treasure Islands

«Turning large swathes of London over to the Super-Rich was meant to generate a sloshing pool of wealth that would 'trickle down' to the rest of us. In practice, the detailed, informed and devastating trawl through the global capital of the ruling class in Alpha City proves the only thing that has trickled down is contempt»

Owen Hatherley, author of The Ministry of Nostalgia

«Atkinson writes with beautiful elegance. Almost every page has a sentence I wish I'd written myself! But his fundamental argument is hard-hitting and could not be more relevant for our troubled times. His analysis of London's 'alphahoods' is a reminder, if we need it, of how unequal cities-not just London-have become.»

Glyn Robbins, City

«In Alpha Cities, Rowland Atkinson lays bare how London has been geared up as the world's monument to inequality. It exposes the tactics of gilded elites alongside their legions of enablers and hangers on, and the ways in which they have turned an already tough city into a 21st century dystopia, where the ultra-rich glide through pristine, soulless environments while the infrastructure we all need decays around us. This fast-paced guide to the new gilded age is a timely warning of how much damage inequality can do.»

Douglas Murphy, author of Nincompoopolis

«A great book which provides vital insights into a strangely under researched group - the wealthiest people on the planet.»

Anna Minton, author of Big Capital

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