Real Estate, Public Works, and Political Organization in Winnipeg, 1870–1885
Gustavo F. Velasco
American Journal of Economics and Sociology, 2018, vol. 77, issue 1, 95-123
Abstract:
The second half of the 19th century represented an era of great territorial expansion in almost all the countries of “recent settlement.†In Canada, Winnipeg, the capital of the Province of Manitoba, went from a small hamlet located at the confluence of the Assiniboine and Red Rivers to become the third largest Canadian city at the turn of the century. I argue that the development of a real estate market and the organization of the local political institutions in Winnipeg were interconnected mechanisms that the emerging business elite used to obtain political and economic power during the years of city organization (1870–1885). The disputes over land ownership and the uncertain distribution of land titles among parties related by business and family ties showed how individuals exploited the weakness of the state to secure personal benefits. In this era, old settlers, newcomers, speculators, and business representatives of central Canada and British firms, acting alone or in partnership, attempted to obtain political control of a city in its making and to acquire power and economic benefits through the commodification of urban land. After a period of corruption and mismanagement, a new group organized within the Board of Trade obtained political control of the city and initiated a new cycle of political stability.
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:bla:ajecsc:v:77:y:2018:i:1:p:95-123
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