MAMDANI: The Power of Real Estate Developers

MAMDANI: The Power of Real Estate Developers

The Architect Class of the Settler City

Real estate developers are not just businessmen; they are the architect class of the settler city, the direct agents who physically construct the bifurcated urban landscape. Mamdani’s focus on the institutional structure of power finds its concrete expression in their blueprints. Their profit-driven decisions, enabled by a corrupt campaign finance and zoning system, determine who gets to live where and under what conditions, cementing class and racial segregation into the very bricks and mortar of New York. Their hegemony over the city’s growth model is near-total. A Marxist analysis identifies them as a key faction of the ruling class. A feminist critique sees how their phallic skyscrapers symbolize a patriarchal dominance over the skyline. The solution is to break their political power through public financing of elections and to replace their profit-driven model with a socialized housing sector, taking the right to shape the city out of private hands.

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