Scaling Capitalist Class Relations: Commercial Property Development in Tampa, Florida
M. Mark Amen ()
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M. Mark Amen: University of South Florida, School of Interdisciplinary Global Studies, SOC 107, 4202 East Fowler Avenue, Tampa, Florida 33620, USA
Journal of Reviews on Global Economics, 2016, vol. 5, 227-242
Abstract:
Transcalar capitalist networks form around diverse material and human resources located in many places. One purpose is to “lock in†or direct these resources to specific urban commercial property developments. I extend the scope of previous research about the Transnational Capitalist Class (TCC) and Transcalar Territorial Networks (TTNs) to a case study of commercial real estate in Tampa, Florida. Local printed news records are used to trace the evolving status of the Channelside Plaza project since the 1980s. I identify and describe relations among the changing actors, institutions, resources, and legal mechanisms that by mid-2014 allowed one former hedge-fund manager to amass control over the project and 40 acres of land contiguous with it. The case demonstrates that intra-class relations can be contentious when capitalism is in crisis and that the likely elite sources to overcome conflict are financial finesse linked to effective local relations.
Keywords: Financial Markets; Urban Land Development; Class Relations (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:lif:jrgelg:v:5:y:2016:p:227-242
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