Rent gaps in the Spanish Crisis

Research output: Chapter in Book/Report/Conference proceedingPaper in conference proceeding

Abstract

Rent seeking is central to processes of financialisation and crisis formtation, not least in tourism economies. Rent seeking involves the making and taking of rent gaps geared to expand unearned incomes in the form of interest revenues from debt and rental revenues from property. Changes in built environments become increasingly determined by where rent gaps can be created and appropriated, rather than as outcomes of conflict-laden, democratic, use-value oriented decision-making. In this paper we address the role of creating and appropriating rent gaps in the formation of the Spanish crisis. The normative gist of the paper is to ask: How might we go about making rent gap theory not true? The analysis highlights four key dimensions: commodification vs commons; social polarization; financialization vs democracy; and ideology underlying political, legal and institutional change.

Details

Authors
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Research areas and keywords

Subject classification (UKÄ) – MANDATORY

  • Social and Economic Geography

Keywords

  • rent gaps, crisis, financialization, market fundamentalism
Original languageEnglish
Title of host publicationTurismo y crisis, turismo colaborativo y ecoturismo.
EditorsMacià Blázquez
Pages31-42
Number of pages11
ISBN (Electronic) 978-84-617-5115-0
Publication statusPublished - 2016 Oct 6
Publication categoryResearch
Peer-reviewedYes